Entrepôt

Entrepôt

An "entrepôt" (from the French "warehouse") is a trading post where merchandise can be imported and exported without paying import duties, often at a profit. This profit is possible because of trade conditions, for example, the reluctance of ships to travel the entire length of a long trading route, and selling to the entrepôt instead. The entrepôt then sells at a higher price to ships travelling the other segment of the route. Today, this use has mostly been supplanted by customs areas.

Entrepôts were especially relevant in the Middle Ages and in the early modern period, when mercantile shipping flourished between Europe and its colonial empires in the Americas and Asia. For example, demand for spices in Europe, coupled with the long trade routes necessary for their delivery, led to a much higher market price than the original buying price. However, traders often did not want to travel the whole route, and thus used the entrepôts on the way to sell on their goods. However, this also led to even more attractive profits for those who persevered to travel the entire route. [http://www.dartmouth.edu/~mkohn/Papers/17.%20Markets.pdf Organized Markets in Pre-industrial Europe] (draft chapter of "The Origins of Western Economic Success: Commerce, Finance, and Government in Pre-Industrial Europe") - Kohn, Meir, Department of Economics Dartmouth College, Hanover, 12 July 2003, Page 3, Retrieved 2007-08-19.]

ee also

*Customs area
*Free port
*Re-exportation
*Specific entrepôts
**Cape of Good Hope
**Dubai
**Hong Kong
**Singapore
**Boma, Congo

References


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  • entrepôt — [ ɑ̃trəpo ] n. m. • 1690 « port, magasin », d apr. dépôt; entrepos « action d entreposer » v. 1600; interpost 1497; de entreposer 1 ♦ Bâtiment, emplacement servant d abri, de lieu de dépôt pour les marchandises. ⇒ dock, hangar, magasin; fondouk.… …   Encyclopédie Universelle

  • Entrepot — Entrepôt Un entrepôt est un bâtiment logistique destiné au stockage de biens en vu de leur expédition vers un client (interne ou externe à l entreprise). Il peut être détenu et géré en propre par l entreprise ou faire l objet d une sous traitance …   Wikipédia en Français

  • Entrepot — (franz., spr. angtr po), Warenniederlage, Lagerhaus, Zollniederlage (s. d.); Entrepôt réel, öffentliche, Entrepôt fictif, private Niederlage. Von einem Entrepôt irrégulier spricht man, wenn Waren, die in Frankreich nicht eingeführt werden dürfen …   Meyers Großes Konversations-Lexikon

  • Entrepot G — Entrepôt G L entrepôt G L Entrepôt G construit en 1903 est situé sur la Dessauer Ufer dans le quartier de Hambourg Kleiner Grasbrook, dans le port franc sur le port fuvial Saale …   Wikipédia en Français

  • entrepôt — ENTREPÔT. s. m. C est un lieu où l ou met en dépôt des marchandises que l on veut porter ailleurs. C est un bon entrepôt. Un lieu d entrepôt. Une Ville d entrepôt. Entrepôt de tabac …   Dictionnaire de l'Académie Française 1798

  • entrepot — en‧tre‧pot [ˈɒntrəpəʊ ǁ ˈɑːntrəpoʊ] noun [countable] TRANSPORT a port through which goods pass before going somewhere else: • London grew faster than all other ports as a point of transit for English exports and so became a major entrepot of… …   Financial and business terms

  • Entrepot — en tre*pot , ||Entrepot En tre*p[^o]t , n. [F.] 1. A warehouse; a magazine for depositing goods, stores, etc. [1913 Webster] 2. a port where merchandise can be imported and re exported with paying import duties; a mart or place where merchandise… …   The Collaborative International Dictionary of English

  • entrepot — en tre*pot , ||Entrepot En tre*p[^o]t , n. [F.] 1. A warehouse; a magazine for depositing goods, stores, etc. [1913 Webster] 2. a port where merchandise can be imported and re exported with paying import duties; a mart or place where merchandise… …   The Collaborative International Dictionary of English

  • entrepot — warehouse, 1758, from Fr. entrepôt (16c.), from L. interpositum that which is placed between, neut. pp. of interponere (see INTERPOSITION (Cf. interposition)) …   Etymology dictionary

  • Entrepot — (fr., spr. Angl rpoh), 1) Waarenlager, Speicher; 2) Niederlageort für unversteuerte Waaren …   Pierer's Universal-Lexikon

  • Entrepot — (frz., spr. angtr poh), Niederlage von Waren, bes. eine solche, worin diese vorläufig unverzollt unter amtlichem Verschluß lagern, und woraus die unverkauften unverzollt wieder ausgeführt werden können …   Kleines Konversations-Lexikon

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