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Account, sales

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Updated: Aug 20, 2021

A term used when goods are consigned for sale to an agent in another country. The agent submits an account country. The agent submits an account giving details of the goods sold, together with the selling price, commission, expenses and the net profit. It usually accompanies the amount due.

Reference: The Penguin Business Dictionary, 3rd edt.


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James Knight
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James is a lead content editor for Invezz. He's an avid trader and golfer, who spends an inordinate amount of time watching Leicester City and the… read more.