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FrançaisIn export transactions, the intended receiver of a cargo shipment. The named person or legal entity having the right to claim the merchandise from the carrier at destination, and is generally recognized as the legal owner for customs purposes. In…
Read MoreConsignee marks
A symbol placed on packages for export, generally consisting of a square, triangle, diamond, circle, cross, etc., with design letters and/or numbers for the purpose of identification.
Read MoreConsignment
Shipment of one or more pieces of property, accepted by a carrier for one shipper at one time, receipt for in one lot, and moving on one bill of lading. The exporter retains title of goods until the importer sells…
Read MoreConsignment contract
A contract by which a seller (consignor) delivers goods to an individual or entity (consignee) that will sell them. For goods sold, the consignee will remit the price to the consignor less a commission. Goods not sold may be returned…
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