Consignment / consignor / consignee

{
  "id": "MLC-T-LOG-000247",
  "term": "Consignment / consignor / consignee",
  "field": "Logistics and supply chain",
  "definition": "A shipment of goods, the consignment, sent by a consignor, the party that ships or owns them, to a consignee, the party named on the transport documents to receive them. In shipping, the consignee is the receiving party and is not necessarily the buyer or a sales agent. The words also describe consignment stock, a sales arrangement in which the consignee sells the goods on the owner's behalf and pays the consignor only after they sell.",
  "url": "https://mlchart.com/terminology/logistics/consignment-consignor-consignee/"
}