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English definition of “consignment account”

consignment account

noun [C]
 
 
COMMERCE an account for goods that is sent to a person or company that is not the owner but is responsible for selling them or returning them to the owner if they are not sold: The value of the goods that are sent on consignment are charged to the consignment account.
(Definition of consignment account from the Cambridge Business English Dictionary © Cambridge University Press)
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