Consignment
The UN Procurement Practitioner's Handbook, produced by the Interagency Procurement Working Group (IAPWG) in 2006 and updated in 2012 suggests that the word ‘consignment’ might mean:
- An agreement with a supplier to stock goods at a customer's location with the goods remaining the property of the supplier until used or sold.
- A shipment that is handed over to a common carrier for transport and delivery.
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