Dictionary

1consignment

noun con·sign·ment \kən-ˈsīn-mənt\

: a quantity of goods that are sent to a person or place to be sold

: the act or process of sending goods to a person or place to be sold

Full Definition of CONSIGNMENT

1
:  the act or process of consigning
2
:  something consigned especially in a single shipment
on consignment
:  shipped to a dealer who pays only for what is sold and who may return what is unsold <goods shipped on consignment>

First Known Use of CONSIGNMENT

circa 1668

Other Business Terms

amortize, caveat emptor, clearinghouse, divest, due diligence, emolument, green-collar, marque, overhead, perquisite

2consignment

adjective

Definition of CONSIGNMENT

:  of, relating to, or received as goods on consignment <a consignment sale>

First Known Use of CONSIGNMENT

1913

Other Business Terms

amortize, caveat emptor, clearinghouse, divest, due diligence, emolument, green-collar, marque, overhead, perquisite

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