The definition of consignment refers to a batch of goods delivered, to the act of delivering goods or to an agreement to pay a supplier after goods or items have been sold.(noun)
When you give someone an item to sell and you agree to get paid only after the item has been sold, this is an example of a time when you sell the item on consignment.
See consignment in Webster's New World College Dictionary
See consignment in American Heritage Dictionary 4
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