Glossary entry (derived from question below)
Spanish term or phrase:
contrato de deposito comercial gratuito
English translation:
consignment sale contract
Added to glossary by
Catherine Harrison
Jul 4, 2009 00:04
14 yrs ago
3 viewers *
Spanish term
contrato de deposito comercial gratuito
Spanish to English
Law/Patents
Business/Commerce (general)
I believe this refers to the producer giving products to the salesman to hold for sale and then the salesman pays for the article when it is sold.
Proposed translations
(English)
4 | consignment sale contract | Richard Boulter |
4 +1 | "Bailment contract" | eski |
Proposed translations
15 hrs
Selected
consignment sale contract
Your explanation of the meaning fits U.S. consignment sales arrangements very well. The agent takes possession of the assets without investing money in them, but then upon sale of an item he takes a percentage of the sale price as something like a 'commission' or 'fee'.
I hope that this helps in your context. Best of luck.
I hope that this helps in your context. Best of luck.
4 KudoZ points awarded for this answer.
Comment: "i thank both answerers very much. I am selecting this answer because frankly it's the one i'm familiar with, althoug the cites for the other answer are excellent. Thank you!"
+1
12 mins
"Bailment contract"
Commerce & Finance and Corporate, Commercial, & General Law subjects. ... If you have questions about this dictionary please feel free to contact us ...
www.businessdictionary.com/.../contract-of-bailment.html - En caché - Similares
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Note added at 13 mins (2009-07-04 00:17:19 GMT)
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bailment
Definition
Transfer of personal property by one party (the bailor) in the possession, but not ownership, of another party (the bailee) for a particular purpose. Such transfer is made under an express or implied contract (called bailment contract or contract of bailment) that the property will be redelivered to the bailor on completion of that purpose, provided the bailee has no lien on the goods (such as for non-payment of its charges). The bailee is under an obligation to take reasonable care of the property placed under its possession. Bailment contracts are a common occurrence in everyday life: giving clothes to a launderer, leaving car with an auto mechanic, handing over cash or other valuable to a bank, etc
www.businessdictionary.com/.../contract-of-bailment.html - En caché - Similares
Más resultados de www.businessdictionary.com »
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Note added at 13 mins (2009-07-04 00:17:19 GMT)
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bailment
Definition
Transfer of personal property by one party (the bailor) in the possession, but not ownership, of another party (the bailee) for a particular purpose. Such transfer is made under an express or implied contract (called bailment contract or contract of bailment) that the property will be redelivered to the bailor on completion of that purpose, provided the bailee has no lien on the goods (such as for non-payment of its charges). The bailee is under an obligation to take reasonable care of the property placed under its possession. Bailment contracts are a common occurrence in everyday life: giving clothes to a launderer, leaving car with an auto mechanic, handing over cash or other valuable to a bank, etc
Peer comment(s):
agree |
anne wagner-findeisen
: yes
5 hrs
|
Thanks Anne; appreciate your confirmation :))
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