InvestorWords.com
general order
Definition
U.S. Customs Service rule that imported goods not taken delivery of (cleared) within 15 days of arrival will be removed from the arrival warehouse to a general order warehouse at the expense and risk of the importer (the consignee). If those goods, referred to as general order merchandise, are not cleared within 6 months of their arrival, they will be auctioned, donated, or disposed of by the government.
Recommended Articles from InvestorGuide.com
Related Videos
Featured Advertiser
Get our free Term of the Day newsletter!



