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LSDefine

Simple English definitions for legal terms

consignor

Read a random definition: classified risk

A quick definition of consignor:

A consignor is someone who gives their things to someone else to sell. The person who gets the things to sell is called the consignee. The consignor still owns the things until they are sold. After they are sold, the consignee gives some of the money to the consignor. The consignor usually pays for the things to be shipped to the consignee. Consignment can also mean giving things to someone else to keep for you.

A more thorough explanation:

A consignor is a person who delivers goods to another person, called the consignee, for the purpose of selling them. The consignee takes responsibility for selling the goods, but the consignor still owns them until they are sold.

  • When a person brings their clothes to a consignment shop, they are the consignor. The shop is the consignee, and they will sell the clothes on behalf of the consignor.
  • In a carriage contract, the consignor is the person who sends the goods, and the consignee is the person who receives them. For example, if a company ships a package to a customer, the company is the consignor and the customer is the consignee.
  • If a person stores their belongings with a storage company, they may enter into a consignment contract. The person is the consignor, and the storage company is the consignee. The storage company is responsible for storing the belongings, and the person still owns them.

These examples illustrate how a consignor is someone who entrusts their goods to another person or company for a specific purpose, such as selling or storing them. The consignor retains ownership of the goods until they are sold or otherwise disposed of, and the consignee takes responsibility for them in the meantime.

consignment | Consolidated Omnibus Budget Reconciliation Act (COBRA)

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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