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What is a bonding warehouse?
Being Bonded A bond is a amount of money, put up by a bondingcompany, that gurantees that you are of good character and not acriminal. The bonding company will do a VERY deep …background checkon you, to establish that you are worthy of being "Bonded". Inpractical terms, an employer who may want to hire you for aposition that involves trust and or handling large amounts ofmoney, will hire a Bonding company to investigate you, and once youare Bonded, that Bonding company gurantees the employer that if youDO steal, they will pay the employer back for your theft amount. Itis a type of insurance. Obviously, any one with a criminal recordis never going to be Bonded. If you meant a bonded warehouse then that is where imported goodsare held pending payment of customs duties. (MORE)