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Simple English definitions for legal terms

consignator

Read a random definition: de concilio curiae

A quick definition of consignator:

A consignator is a person who can receive money from a debtor if the creditor refuses to accept it. This is called consignation. It means that the debtor can give the money to someone else who is authorized to accept it, and the debt will be considered paid. This is different from a tender, which is when the debtor offers to pay the creditor directly.

A more thorough explanation:

Definition: A consignator is a person who is authorized to accept delivery of money from a debtor if a creditor refuses to accept it. Consignation is the act of a debtor delivering money to an authorized third party after the creditor refuses to accept the payment. A valid consignation discharges the debtor.

For example, if a debtor owes money to a creditor and tries to pay the debt, but the creditor refuses to accept the payment, the debtor can give the money to a consignator who is authorized to accept the payment on behalf of the creditor. This is called consignation.

Another example is when a consignor sends goods to a consignee for sale. The consignee is authorized to sell the goods and pay the consignor a percentage of the sale price. In this case, the consignor is the person who sends the goods, and the consignee is the person who receives them.

These examples illustrate how a consignator can act as an intermediary between a debtor and a creditor, or between a consignor and a consignee, to facilitate the payment or sale of goods.

consignation | consiliarius

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amlaw
17:40
do you guys want to hear my newest irrational fear
[] ararara
18:18
That you have so much fun tonight dancing after the sun goes down you fall in love but way too hard and your heart pops!
[] ararara
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Hi wherever you are hope you have a great Saturday! Stay hydrated!
hydrating! 👹
[] ararara
19:12
Hahah lolll show those fools your dance moves!! I am actually about to start working until about 4 in the morning so I can go out of town Tuesday so avenge me!
[] ararara
19:12
I came face to face with an Amazon worker on prime day though and that was crazy. Don’t think I’ll ever forget that. They looked completely drained it was insane.
rip to that young lad, wishing them hydration and days off from work. don’t work yourself too hard ara! chronic stress kills!
[] ararara
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Thanks wasp right back at you! You too! This work is really interesting! It’s one of three jobs where it’s been hard to stop before school starts for sure.
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you have to be the art hoe gf u want to see in the world
willing
manifestmoreadmissions
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bunny i am trying so hard idk if i can cut it
amlaw what's your fear
amlaw
10:02
that i got rejected from washu and just didn't see the email even though i've checked my spam and everything because they don't change their portals at all
that sucks :(
amlaw
10:36
and i know its crazy lol
hahaha yes it is crazy lol
babybunny
15:03
Heard Biden dropped out of the race. Made me remember when you said bye den dropped out of my life. You'll always be my first choice nominee. No need to text back
amlaw
15:03
i have never fully comprehended any of your messages bunny
when you said bye den dropped out of my life
i have a 3.38 and hope to get a 175+ on the LSAT
Does anyone know which schools place in federal positions outside of T14? UT,SMU, TAMU, George Mason, George Washington, ASU)
odds for sls waitlist this cycle?
Justvibin123
18:33
Who ever is accepted at Wayne state and is not attending can you please withdraw your app 🥹
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