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 any person engaged in
Examples of Commission merchant in a sentence
The responsibilities and liabilities of the Bank as to Futures, puts and calls traded on commodities exchanges, any Futures Commission merchant account and the Segregated Account shall be limited as set forth in sub-paragraph (a) (2) of this Section 6.3 as if such sub-paragraph referred to Futures Commission Merchants rather than brokers, and Futures and puts and calls thereon instead of options.
More Definitions of Commission merchant
Commission merchant means a person engaged in
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 the
Commission merchant means a person who THAT receives on
Commission merchant means any person engaged in the business of receiving any perishable agricultural commodity for sale, on commission, or for or on behalf of another.
Commission merchant means any person, as follows:
Commission merchant means a person engaged in receiving produce for sale for or on behalf of another.