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.
1 Take a look at the maturity dates on the bonds in the portfolio. 2  If an investor is investing for 20 years, for example, the investor may want to buy a bond fund with 20-year maturities. 3  That will allow them to earn a higher interest rate than a 5 or 10-year maturity bond portfolio. Investors should consider the maturity date of the bond, and when they need access to their invested funds. 2  Say, for example, that an investor plans on retiring in 15 years. 3  They can buy bonds with maturity date of 15 years.