consignment Hear it!

consignment Definition

con·sign·ment (kən sīn′mənt)

noun

  1. a consigning or being consigned
  2. something consigned; esp., a shipment of goods sent to a dealer for sale or safekeeping

consignment Idioms

on consignment

shipped or turned over to a dealer for sale, with payment to the owner to follow sale

consignment Finance Definition

An agreement by a retailer to sell merchandise owned by another person or corporation (the consignor). No payment is made to the consignor until the merchandise is actually sold. Unsold items are returned to the consignor.

consignment Law Definition

n

The bailment of goods by their owner (the consignor) to another person (the consignee) to have the consignee sell the goods on behalf of the consignor in exchange for a portion of the proceeds or to deliver them to a designated recipient. See also consignee.

consignment Usage Examples

Preposition: of

waste: The regulations require the Department of the Environment to give unique codes to be applied to consignments of waste or to carrier's rounds.

Converse of object

  • accompany: You must then ensure that one document accompanies each consignment.
  • collect: I reckon all we need to enable me to collect the consignment on your behalf is a simple power of attorney.
  • reject: Iraq earlier this year rejected three wheat consignments from India, saying they did not meet quality standards.
  • deliver: You can leave letters there, have consignments delivered by courier or have your faxes sent.
  • deposit: Thank you also for your advice on how best to deposit the consignment into a bank account.
  • send: Drummond sent a large consignment of more than 200 seeds to a correspondent for sale.

Adjective modifier

  • large: Thus Imperial now owns the top three brands most seized in large consignments in Europe.
  • valuable: And what are they going to do with my valuable consignment?
  • huge: We were shown a huge consignment of custom made alphabet tiles that will be used in local primary schools.
  • small: Small consignments can be delivered by air freight in a similar fashion.
  • particular: Please note: inquiries about particular consignments should be made to Securicor Omega direct, Freight on Rail cannot help.

Modifies a noun

  • note: For special waste the consignment note replaces the duty of care transfer note.
  • tracking: Firesend will also offer a consignment tracking service, providing this is supported by the carrier in question.
  • stock: We also hold consignment stocks of John Crane mechanical seals.

Noun used with modifier

  • ebay: New Book on how to start an eBay consignment business.
  • export: Part Shipment The description for each of the 2 or more parts of a split export consignment.
  • import: Under existing regulations low value import consignments ( under £ 18 ) may be exempted from import VAT.
  • waste: Where do I get special waste consignment notes from?
  • delivery: Special delivery consignments will be charged extra at cost.