Outrageously Funny Word Dictionary :: Consigneeship

👉 Consigneeship is a legal concept that refers to the arrangement in which one party, often referred to as the "consignee," receives goods from another party, known as the "beneficiary," and transfers them to the beneficiary's designated location. The consignee typically pays for all or part of the transportation costs associated with shipping the goods back to their source. In a consigneeship arrangement, the consignee (the person receiving the goods) is responsible for paying for

consigneeship