consign

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consign

v. 1) to deliver goods to a merchant to sell on behalf of the party delivering the items, as distinguished from transferring to a retailer at a wholesale price for re-sale. Example: leaving one's auto at a dealer to sell and split the profit. 2) to deliver to a carrier to be taken to an agent of the sender. 3) when a debtor has belongings but no money to pay his/her creditors and deposits his/her goods with a trustee who will sell them to raise money to pay the owner's debts and creditors. This is done by agreement between a debtor and his/her creditors or by order of a bankruptcy judge.

consign

verb abalienate, assign to, authorize, charge, commit, commit to another's trust, committere, convey, deliver, deliver formally, deliver over, deposit with, entrust, give in trust, hand over, have conveyed, send, ship, transfer, transfer for sale, transmit, transplant, transport, turn over
Associated concepts: bailment, conditional sale, consignnent contract of goods
See also: alienate, allocate, assign, attorn, authorize, cede, commit, confide, contribute, convey, delegate, detail, disperse, disseminate, distribute, divide, entrust, give, grant, leave, mete, refer, relegate, remand, remit, supply, transfer, transmit, transport, trust, vest
References in periodicals archive ?
Through the consignment agreement there may be sold consumer goods, clothing, footwear, handicrafts, art, goods that can be delivered to the consignee all at once or gradually, on the basis of successive notes or invoices.
But the study concluded that although further analysis is needed to fully understand the cost implications for shippers and carriers, consignees and service providers might embrace the concept of off-peak deliveries if provided with the right financial incentives.
Section 9-319(a) states that in determining the rights of creditors of, and purchasers for value of goods from, a consignee, the consignee is deemed to acquire all of the consignor's rights in the consigned goods if the consignor's interest in the goods is not perfected.
A "sale or return" consignment is one where the goods are delivered to the consignee primarily for resale.
Shippers and consignees can see only their own shipments with the carrier that gives them access.
The consignee asks the driver to assist in unloading at destination.
All consignees must proceed to the One-Stop-Shop (Customs) to make settlement of Customs duties.
That package information will then be uploaded to and stored in RPS's centralized computer system, so a shipper or consignee can call the RPS Customer Service department at any time during the delivery cycle and access that data.
Payment Terms:- 95 Percent On Receipted Challan Duly Signed By Consignee S Gazetted Officer Along With The Inspection Certificate And Balance On Receipt And Acceptance Of Material By Consignee.
Payment Terms:95 Percent On Receipted Challan Duly Signed By Consignees Gazetted Officer Along With The Inspection Certificate And Balance On Receipt And Acceptance Of Material By Consignee.
Payment Terms: Payment Terms-For Supply:-100 Percent Payment Will Be Made Against Inspection Certificate And After Receipt And Acceptance Of Material By The Consignee At Destination