consignment shop

consignment shop definition - business

consignment shop

A retail establishment that offers for sale goods that are owned by others. Consignment shops earn a profit by retaining a portion of the purchase price of the goods that are sold. Compare thrift shop.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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