what is consigner and consignee

Question

Accepted Answer

Consigner is the person who sends goods to another person or company, while consignee is the person or company who receives the goods.

Consigner is the sender of goods
Consignee is the receiver of goods
Consigner retains ownership of the goods until they are sold by the consignee
Consignee pays the consigner for the goods sold
Example: A clothing manufacturer sends their products to a retail store for sale. The manufacturer is the consigner and the retail store is the consignee.

Accepted Answer

The consignor is the sender of a consignment while the consignee is the receiver of the consignment. The consignee may be a buyer or just an agent who acts on behalf of the consignor. The ownership of the goods or the consignment remains with the consignor until the goods have been paid for in full by the consignee.

what is consigner and consignee

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