Consignee
Term · Law · MLC-T-LAW-001207
The party to whom goods are shipped, delivered, or entrusted for sale or custody. This individual or entity receives the goods from a consignor, often under an agreement where the consignee sells the goods on behalf of the consignor and remits payment. The consignee holds possession but not ownership of the goods until a sale occurs.
| Identifier | MLC-T-LAW-001207 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-001207",
"term": "Consignee",
"field": "Law",
"definition": "The party to whom goods are shipped, delivered, or entrusted for sale or custody. This individual or entity receives the goods from a consignor, often under an agreement where the consignee sells the goods on behalf of the consignor and remits payment. The consignee holds possession but not ownership of the goods until a sale occurs.",
"url": "https://mlchart.com/terminology/law/consignee/"
}
Record 1,047 of 5,441 in Law terminology (MLC-0107). Request the full dataset.