Consignor
/ˈkɒnsɪɡnər/
Definitions
- (n.) A party who sends goods to another for sale or safekeeping under a contract of consignment.
The consignor shipped the merchandise to the retailer but retained ownership until sale.
Forms
- consignors
Related terms
See also
Commentary
The consignor retains ownership of goods until sold, distinguishing consignment from outright sale.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.