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- DictionaryCon·sign·ment/kənˈsīnm(ə)nt/
noun
- 1. a batch of goods destined for or delivered to someone: "a consignment of beef"
noun
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. It is generally done during auctions, shipping, goods transfer, or putting something up for sale in a consignment store. The owner of the goods pays the third-party a portion of the sale for facilitating the... Wikipedia