Definition of Consignment
Consignment
con·sig·ment


Definition/Meaning
(noun)
Goods or merchandise sent to an agent for sale, with the owner retaining title until sold.

e.g. The artist's paintings were sent on consignment to the gallery for exhibition.

(noun)
the action or process of sending/delivering things to someone, especially after the person has bought them;

e.g. We can easily arrange for the consignment of the packages.

(adjective)
relating to or dealing in goods where the dealer only pays for the goods that they sell;

e.g. I bought some handmade jewelry at a consignment store.



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