Commission merchant definition

Commission merchant means any person who receives on
Commission merchant means any person who receives on consignment for sale or processing and sale from the consignor thereof any agricultural product for sale on commission on behalf of the consignor, or who accepts any farm product in trust from the consignor thereof for the purpose of resale, or who sells or offers for sale on commission any agricultural product, or who in any way handles for the account of or as an agent of the consignor thereof, any agricultural product.
Commission merchant means a person engaged in the

Examples of Commission merchant in a sentence

  • Who, in connection with any of these activities accepts any money, securities, or property (or extends credit in lieu thereof) to margin, guarantee, or secure any trades or contracts that result or may result therefrom; and (2) Any person that is registered as a futures Commission merchant.

  • Commission merchant, direct sale product distribution, internet, or mail order business.

  • Futures Commission Merchant (FCM) – A futures Commission merchant as that term is used in the Commodity Exchange Act, and that is required to be registered as such under the Commodity Exchange Act and Commission Rules.

  • We capture inter-regional trade flows by proxying it with trade-related occupations.34 Commission merchant was a profession that sourced products from one place and sold at another.

  • Manufacturer’s Agent: They sell products for several non-competition producers for a commission on what is actually sold.2. Commission merchant: They handle products shipped to them by sellers complete the sale, and send the money minus commission to each seller.3. Auction companies that provide a place for buyers and sellers to meet for transaction.Importance of MiddlemenIntermediaries are very important players in the market.


More Definitions of Commission merchant

Commission merchant means a person who, for compensation in the form of a commission, engages in selling activities, including the solicitation or negotiation of a sale, or the forwarding of sales orders, which lead to the sale of goods, wares, or merchandise owned by some person other than the commission merchant. The business of a Commission Merchant shall also include the buying and selling of goods, wares, or merchandise by a person to the extent that the person:
Commission merchant means a person engaged in
Commission merchant means any person engaged in
Commission merchant means a person who THAT receives on
Commission merchant means any person, as follows:
Commission merchant means any person engaged in the business
Commission merchant means a person engaged in receiving produce for sale for or on behalf of another.