Entrepot (Noun)
Meaning 1
A port where merchandise can be imported and then exported without paying import duties; "Bahrain has been an entrepot of trade between Arabia and India since the second millennium BC".
Classification
Nouns denoting spatial position.
Examples
- Singapore has long been an entrepot for trade between East Asia and the rest of the world, with its strategic location and favorable tax policies.
- The city of Hong Kong has historically served as an entrepot for the exchange of goods between China and the West.
- In the 19th century, the port of Gibraltar was an important entrepot for the Mediterranean trade, with merchants importing goods from Europe and exporting them to North Africa.
- The entrepot of Dubai has become a major hub for international trade, with its free trade zones and minimal regulations attracting businesses from around the world.
- The island of Malta has been an entrepot for trade between Europe and North Africa for centuries, with its strategic location in the Mediterranean making it an ideal stopping point for merchants.
Synonyms
Meaning 2
A depository for goods; "storehouses were built close to the docks".
Classification
Nouns denoting man-made objects.