bond; bonded
A bond is a federal permit to produce and store wine commercially. A bonded winery is an enterprise that produces and stores wine under a bond that guarantees payment of the federal excise tax.
The New Wine Lovers Companion, 2nd Edition, by Ron Herbst and Sharon Tyler Herbst. Copyright © (1) 2003, 1995 by Ron Herbst and Sharon Tyler Herbst. Reprinted by arrangement with Barron's Educational Series, Inc.