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PIARC (World Road Association), founded in 1909 and comprising 125 member governments from all over the world, is the global forum for exchange of knowledge and experience on roads, road transport policies and practices. With consultative status to the Economic and Social Council of the United Nations, the Association is contributing to a stable and sustainable global development of the road and transport sector.

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Term of the Road Dictionary

consignment stock

Language : PIARC Road Dictionary / English
Theme : Financial and Legal Tools Finance and Procurement Economics and Finance
Definition : Goods located at an external customer's premises that are still the property of the supplier. Note: payment for these goods is made to the supplier only when they are sold or used by the external customer [EN 14943].

Kommissionsbestand

Language : PIARC Road Dictionary / German
Theme : Finanz- und Rechtsinstrumente Finanzen und Vergabewesen Betriebswirtschaft und Finanzen
Definition : Waren, die auf dem Besitz eines externen Kunden gelagert sind, aber immer noch Eigentum des Lieferanten sind. Anmerkung: die Bezahlung an den Lieferanten erfolgt nur, wenn die Waren vom externen Kunden verkauft oder benutzt wurden [EN 14943].