What is consignment in Word?

What is consignment in Word?

Consignment is a commercial term that refers to a giving over of objects. If your goods are on consignment, you still technically own them while they are on sale at the consignment shop. The word sometimes refers literally to goods being delivered or shipped, such as food or cargo.

What is Polito English?

1. General. polito [m] SV police. chief of secret police.

What is CRT in Spanish?

tubo de rayos catódicos loc nom f. CRT n. initialism (display screen for cathode ray tube)

What does IATA mean in Spanish?

IATA

What is the purpose of consignment?

Consignment, in simple words, means one person/firm sending goods to another person/firm for selling them on behalf of the former. The owner of the goods only transfers possession of the goods, he retains ownership over them. The purpose of a consignment transaction is to facilitate delivery or transport of goods.

What is selling on consignment?

Consignment is a business model in which a business, also referred to as a consignee, agrees to pay a seller, or consignor, for merchandise after the item sells. Consignment businesses are typically retail stores that specialize in a particular type of consumer product.