What is ‘Vault Receipt’
A document frequently used as a delivery instrument to indicate ownership of precious metals stored in a bank, warehouse, or depository. Also known as warrant or warehouse receipt for metals.
Explaining ‘Vault Receipt’
Vault receipts indicate ownership of precious metal commodities certified for delivery upon futures contract.
Further Reading
- For Art's Sake—Open Up the Vaults – link.springer.com [PDF]
- Optimizing logistics operations in a country's currency supply network – www.tandfonline.com [PDF]
