Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

Please Define: “Consigner”, “Consignee” and “Consignment"

user-image
Question added by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.
Date Posted: 2014/09/03
Nasir Hussain
by Nasir Hussain , Sales And Marketing Manager , Pakistan Pharmaceutical Products Pvt. Ltd.

Good Day!!!

Peter Scott has made it simplest....... appreciated

Consignor - Sender.

Consignee - Receiver.

Consignment - Whatever is being sent/received.

M. Omair Afridi
by M. Omair Afridi , Manager Finance , TM Group of Hotels

Consignor: Sender

Consignee: Receiver

Consignment: Package that is being sent

SREEDEVI SUNILKUMAR
by SREEDEVI SUNILKUMAR , Business finance officer , Emirates Airline

 Consigner : Person or firm (usually the seller) who delivers a consignment to a carrier for transporting it to a consignee (usually the buyer) named in the transportation documentsOwnership (title) of the goods remains with the consignor until the consignee pays for them in full. Also spelled as consignor.

party (usually a buyer) named by the consignor (usually a seller) in transportation documents as the party to whose order a consignment will be delivered at the port of destination. The consignee is considered to be the owner of the consignment for the purpose of filing the customs declaration, and for paying duties and taxes. Formal ownership of the consignment, however, transfers to the consignee only upon payment of the seller's invoice in fullConsignment is an agreement between an owner and a third-party consignee whereby the consignee agrees to sell the owners goods in exchange for a fee. 

More Questions Like This

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.