Entrepot

Entrepot,

Definition of Entrepot:

  1. Commerce: Trade in which imported goods are re-exported with or without any additional processing or repackaging.

  2. A port, city, or other center to which goods are brought for import and export, and for collection and distribution.

  3. Finance: Financial center where foreign lenders and foreign buyers meet or deal and which acts as a channel for international funds with little or no money retained in its local market. Strictly speaking, London is an entrepot center but not New York where a large part of foreign funds remain.

How to use Entrepot in a sentence?

  1. I liked our entrepot strategy and I thought it was really easy and saved us a lot of hassle and unnecessary work.
  2. Hong Kong has long been an entrepĂ´t between east and west.
  3. The digital marketplace Amazon.com is an entrepot business because none of the products that are sold were manufactured by the Amazon company.
  4. You should be careful when dealing with entrepot because the damages may not be repaired by the shipper when you receive them.

Meaning of Entrepot & Entrepot Definition