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LSDefine

Simple English definitions for legal terms

reconsignment

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A quick definition of reconsignment:

Term: Reconsignment

Definition: Reconsignment is when the terms of a shipment of goods are changed while the goods are still in transit. This means that the original agreement about where the goods were going and who was responsible for them is altered. It's like changing your mind about where you want a package delivered after it's already been sent out for delivery.

A more thorough explanation:

Definition: Reconsignment refers to a change in the terms of a consignment while the goods are in transit.

Example: Let's say a company sends a shipment of goods to a retailer on consignment, meaning the retailer will only pay for the goods once they are sold. However, while the goods are in transit, the retailer realizes they won't be able to sell them all and requests a reconsignment, which changes the terms of the agreement. The company may agree to this and redirect some of the goods to a different retailer or warehouse.

This example illustrates how reconsignment can occur when the terms of a consignment need to be adjusted while the goods are still in transit. It allows for flexibility in the agreement and can benefit both parties involved.

reconsider | reconstruction

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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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