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LSDefine

Simple English definitions for legal terms

consign

Read a random definition: Indian land

A quick definition of consign:

Consign means to give something to someone else to sell for you. The person who gives the item is called the consignor and the person who sells it is called the consignee. The consignor still owns the item until it is sold. The consignee takes care of the item and sells it for the consignor. The consignor usually pays for the item to be shipped to the consignee. Consign can also mean to have something delivered to someone else.

A more thorough explanation:

Definition: To consign means to deliver goods to someone else for sale or storage. The person who delivers the goods is called the consignor, and the person who receives them is called the consignee.

Example 1: A clothing store owner consigns some of their inventory to a boutique shop. The clothing store owner is the consignor, and the boutique shop is the consignee. The boutique shop takes care of the clothes and sells them. Once the clothes are sold, the boutique shop pays the clothing store owner a portion of the sale proceeds.

Example 2: A farmer consigns their crops to a distributor. The farmer is the consignor, and the distributor is the consignee. The distributor takes care of the crops and sells them to grocery stores. Once the crops are sold, the distributor pays the farmer a portion of the sale proceeds.

Example 3: A person consigns their furniture to a storage facility. The person is the consignor, and the storage facility is the consignee. The storage facility takes care of the furniture and stores it until the person wants it back.

These examples illustrate how consigning works. The consignor delivers goods to the consignee, who takes care of them and sells them or stores them. The consignor retains ownership of the goods until they are sold or returned. Once the goods are sold, the consignee pays the consignor a portion of the sale proceeds.

consideration | consignee

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jackfrost11770
13:56
I got a UR when I emailed themc
jackfrost11770
13:56
But it would be nice to have something at least
lilypadfrog
13:56
like whether the date changes. is that actually indicative of something. I feel like people have said they got in without a second date change
jackfrost11770
13:56
I just cannot believe I thought I would have more or less of an idea where I'd be going to law school by end of January
13:56
went complete at penn a month ago with still no UR
jackfrost11770
13:56
How was that too ambitious of a thought
jackfrost11770
13:57
March at the very least atp
13:57
@llama: thank you!!! 44 apps thats crazy dude
Trismegistus
13:57
jack me too buddy
lilypadfrog
13:57
@info-man: I applied like a week before you and just went UR a couple days ago you’ll get there in a minute
13:57
I'm actually never gonna hear from BU
13:57
definitely not ambitious at all. this cycle's turning out to be as slow as the last one probably due to high app volume
13:57
@lilypadfrog: okay cool good to know
13:58
i really think they should push back seat deposits to june
13:58
its unfair
jackfrost11770
13:58
Recent boo I applied to BU in Oct
13:59
I've been complete since mid Sept:(
13:59
If I knew I would still be waiting in January I probably wouldn't have applied so early
jackfrost11770
14:00
Me neither
jackfrost11770
14:00
Someone applied to nyu in December and got today
jackfrost11770
14:00
I mgoikg to lose my fucking mind
14:01
re seat deposit: does any1 know if u can request to delay 1st seat deposit? some school are really early it seems
[] starfishies
14:02
if they delayed decisions we should be able to delay deposits... but we do not live a perfect world so i doubt it
lilypadfrog
14:03
yeah you can request an extension. usually it’s like a week though
14:03
i need tips for not falling asleep at work
drugs
14:03
can we talk about something interesting like i dont know drugs sex death
ReminiscentZestyFish
14:04
Everyone admitted to penn looks like above medians
14:04
time to harass glove on linkedin
lilypadfrog
14:06
that’s a good way to stay awake. tell him to come back here
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