Second-hand shops Consignment shop is an American term for second-hand shops that sell used goods for owners (consignors), typically at a lower cost than new goods. Not all second-hand shops are consignment shops. In consignment shops, it is usually understood that the consignee (the seller) pays the consignor (the person who owns the item) a portion of the proceeds from the sale. Payment is not made until and unless the item sells. Such shops are found around the world.
What is 'Time Horizon'. A time horizon is the length of time over which an investment is made or held before it is liquidated. Time horizons can range from seconds, in the case of a day trader, all the way up to decades for a buy-and-hold investor or an individual who is investing in a retirement plan.
Maturity. 1  For a bond, the date on which the principal is required to be repaid. 2  The time when the issuer of a bond or other debt security must repay the principal or when a borrower must repay a loan in full. 3  The date on which payment of a financial obligation is due. In the case of a bond, the maturity date is the one on which the issuer must retire the bond by paying the face value of the bond to its owners. Shares of stock do not have specific maturity dates.