Consignment Definition

kən-sīnmənt
consignments
noun
consignments

The act of consigning.

Wiktionary
A consigning or being consigned.
Webster's New World
Something consigned; esp., a shipment of goods sent to a dealer for sale or safekeeping.
Webster's New World

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.

Webster's New World Law
idiom
on consignment
  • With the provision that payment is expected only on completed sales and that unsold items may be returned to the one consigning:

    The retailer accepted the shipment on consignment.

American Heritage
on consignment
  • shipped or turned over to a dealer for sale, with payment to the owner to follow the sale
Webster's New World

Other Word Forms of Consignment

Noun

Singular:
consignment
Plural:
consignments

Idioms, Phrasal Verbs Related to Consignment

  • on consignment
  • on consignment

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consignment