What does bonded goods mean?

bonded goods meaning in Law Dictionary

Imports stored with customs in warehouses. Items are released for reexport or back again to the importer whenever duties tend to be compensated.

bonded goods meaning in Business Dictionary

Dutiable arrived imports stored under the supervision of traditions authorities in bonded warehouses. Bonded-goods tend to be introduced for re-export, or even to the importer upon assessment and repayment of import responsibilities, taxes, also fees.