consignor
The relationship between the Consignor and the Consignee is that of a principal and agent.
The word can justifiably be spelt either "consignor" or "consigner" - as long as you remain consistent throughout the passage, both are equally acceptable.
sport central
The goods are sent to the agents for the purpose of sale on behalf of the producers and suppliers is known as consignment. The person wsho is consigning the goods is known as consignor or principal and to whom they are consignee or agent.
It means that your cargo is okay to fly. This can be due to the cargo being screened or that it has come from a known consignor.
Consigning a piece of clothes means making money off of the pieces that one does not need or want anymore. The person who is consigning the goods is known as the consignor or principal.
when the consignor has ownership until goods are sold to a customer
Bank guarantee means that the bank opens a written certificate to the beneficiary at the consignor's request. As the guarantor, bank has the responsibilities to handle the debt or obligations instead of the consignor. The rights and obligations of both parties would be prescribed by the contract.
The term "consignee" refers to a person or entity that receives goods or merchandise from a consignor, who is the owner of the goods. The consignee is responsible for selling the goods on behalf of the consignor, often in exchange for a commission. This arrangement is commonly used in shipping, logistics, and retail.
A consignment transaction occurs when one party (the consignor) delivers goods to another party (the consignee) for the purpose of selling them on behalf of the consignor. The consignee does not take ownership of the goods but instead acts as an agent, earning a commission on sales. The consignor retains ownership until the goods are sold, and unsold items can typically be returned. This arrangement is commonly used in retail and distribution to reduce the risk for sellers while providing inventory to retailers.
Auctioneer, seller, trading assistant, consignor