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  2. Dictionary

    con·sign·ment
    [kənˈsīnm(ə)nt]
    noun
    consignment (noun) · consignments (plural noun)
    1. a batch of goods destined for or delivered to someone:
      "a consignment of beef"
      • the action of consigning or delivering something:
        "levels of consignment are running below budget"
      • US ENGLISH
        agreement to pay a supplier of goods after the goods are sold:
        "new and used children's clothing on consignment"
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  3. People also ask
    What is a consignment arrangement?Consignment is an arrangement in which goods are left with a third party to sell. The party that sells the goods on consignment receives a portion of the profits, either as a flat rate fee or commission. Selling via a consignment arrangement can be a low-commission, low-time-investment way of selling items or services.
    What does consignment mean?Pick the best ones! Spelling Bee Quiz Can you outdo past winners of the National Spelli... The meaning of CONSIGNMENT is the act or process of consigning. How to use consignment in a sentence.
    How does a consignment work?In the case of retail consignment or sales consignment (often just referred to as a "consignment"), goods are sent to an agent for the purpose of sale. Legal ownership of these goods remains with the sender. The agent sells the goods on behalf of the sender according to instructions.
    en.wikipedia.org
    What does consignment mean in a second-hand shop?This is a phrase used by many second-hand shops. Consignment only refers to an arrangement where goods are placed in the care of store until the item is bought by a buyer. The owner of the goods — the consignor – retains ownership of the items until they sell.
     
  4. the act of sending goods to a business that ordered them: [ C ] The last consignment of dresses was shipped yesterday. If goods are on consignment, the person or company that has them pays for them only after selling them.
    dictionary.cambridge.org/dictionary/english/consign…
    Consignment is an arrangement in which goods are left in the possession of an authorized third party to sell. A consignment shop, for example, will sell items produced or supplied by someone else, and pay them a portion of the profit.
    www.investopedia.com/terms/c/consignment.asp
    Consignment is a process whereby a person gives permission to another party to take care of their property and retains full ownership of the property until the item is sold to the final buyer.
    en.wikipedia.org/wiki/Consignment
     
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