customs bond
noun[C]
TAX,COMMERCEukusatypeofinsurancethat someone who isimportinggoodsmust have, in which theypromisetopayanynecessarytaxesandobeytherulesforimportinggoods:
We cannegotiatehighlycompetitivecustomsbondratesfor you.
Everyimportershouldeducatethemselves on the USCustomsbond.