See Also: CONSIGNATION, contracts(law)
consignation(dictionary)
BAR, contracts(law)
BID, contracts(law)
SET, contracts(law)
INSURED, contracts(law)
INSTRUMENT, contracts(law)
INSTALMENT, contracts(law)
INDORSEE, contracts(law)
HANDSALE, contracts(law)

CONSIGNATION, contracts (law)


CONSIGNATION, contracts. In the civil law, it is a deposit which a debtor makes of the thing that he owes, into the hands of a third person, and under makes of the thing that he owes, into the hands of a third person, and under the authority of a court of justice. Poth. Oblig. P. 3, c. 1, art. 8. the authority of a court of justice. Poth. Oblig. P. 3, c. 1, art. 8. 2. Generally the consignation is made with a public officer it is very 2. Generally the consignation is made with a public officer it is very similar to our practice of paying money into court. similar to our practice of paying money into court. 3. The term to consign, or consignation, is derived from the Latin 3. The term to consign, or consignation, is derived from the Latin consignare, which signifies to seal, for it was formerly the practice to consignare, which signifies to seal, for it was formerly the practice to seal up the money thus received in a bag or box. Aso