Future Internet PPP Use Case Project

Future Internet PPP

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On Consignment

With consignment sales, the seller does not receive payment until the importer sells or resells the goods. The product stays with the importer until all the terms of the sale have been satisfied. In the consignment method, the importer is called the consignee and is responsible for paying for the goods when they are sold. Consignment sales are very risky and there is no control available to the exporter. Obtaining sales proceeds or return of the merchandise if it is not sold can be difficult.

See Trade Payment Methods

Last change: 2011-11-15

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