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consignment

(Dictionary)

Author:
Harold Averkamp, CPA, MBA

Definition

Sending merchandise to another party (an agent, consignee) in order to sell the merchandise. Also see consigned goods.

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About the Author

Harold Averkamp

For the past 52 years, Harold Averkamp (CPA, MBA) has
worked as an accounting supervisor, manager, consultant, university instructor, and innovator in teaching accounting online. He is the sole author of all the materials on AccountingCoach.com.

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