Business / Accounting / Consignee: A vendor who sells merchandise owned by another party, known as the consignor, usually on a commission basis.
Business / Accounting / Consignor: The owner of merchandise to be sold by someone else, known as the consignee. MORE
Business / Accounting / Consignment: An arrangement whereby merchandise owned by one party (the consignor) is sold by another party (the consignee), usually on a commission basis. MORE