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.
Because fixed-rate coupon bonds will pay the same percentage of its face value over time, the market price of the bond will fluctuate as that coupon becomes desirable or undesirable given prevailing interest rates at a given moment in time. Maturity date is the date on which the bond will mature and the bond issuer will pay the bond holder the face value of the bond. 2  Issue price is the price at which the bond issuer originally sells the bonds.