Q.A document issued by a warehouse, acknowledging goods held in its custody, which can be pledged with a bank to raise a loan, is called a:

Warehousing's financing function works through a specific document of title issued by the warehouse itself, distinct from documents used in shipping or banking. …

A Warehouse Receipt (or Warehouse Warrant) is issued by the warehouse to acknowledge that specified goods, of a stated quantity and quality, are held in its custody. Because it is a document of title, the depositor can pledge it with a bank to raise a loan against the value of the stored goods without physically moving or selling them. A Bill of Lading (option a) is issued by a shipping company for goods in transit by sea, a Letter of Credit (option c) is a …

Confusing a Warehouse Receipt with a Bill of Lading — both are documents of title, but a Bill of Lading relates to goods in …