A trust receipt is a claim against a customer's inventory when the individual items are indistinguishable.

Name: A trust receipt is a claim against a customer's inventory when the individual items are indistinguishable.
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A trust receipt is a document that banks use to release merchandise to a buyer for sale, with the condition that the buyer pays the bank for the merchandise once it is sold. It is not a claim against a customer's inventory when the individual items are indistinguishable.

A Trust Receipt Is a Claim Against a Customer's Inventory