Consignment The act of entrusting goods to a person or business who will sell them for you (charging a fee or commission for doing so), and return the goods if unsold.
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CONSIGNMENT - Merchandise shipped to a foreign agent or customer when an actual purchase has not been made, but under an agreement obliging the consignee to pay the consignor for the goods when sold.
Consignment: The act of consigning goods to one who will sell them for the owner or transport them for the owner.
Consignment: Delivery of goods from the owner to another party ("consignee") to be sold by the consignee for the benefit of the owner.
Consistent: In agreement with; not contradictory.
Consignment
Consignor
Consolidated Omnibus Budget Reconciliation Act (COBRA) ...
: a lien against property held on consignment by a factor conferring the right to retain possession of the property until payment of the amount due ...
The merchandise entrusted to the factor is called a consignment, and a factor is often synonymously called a consignee.
LCL: less than container load. A consignment of cargo which is inefficient to fill a shipping container. It is grouped with other consignments for the same destination in a container at a container freight station.
22. - I. For any money advanced, or negotiable security given by him on the faith of such consignment, to or for the use of the person in whose name such merchandise was shipped or transmitted.
example, for the purpose of transporting it from one place to another. The consignee is the person who receives the property and the consignor is the person who ships the property to the consignee. Ownership does not pass in the act of consignment.
 See also: Consign, Law, Right, Property, Person
  
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