consignment n
1. goods carried by a large vehicle [syn: cargo, lading, freight, load, loading, payload, shipment]
2. the official act of consigning a person to confinement (as in a prison or mental hospital) [syn: commitment, committal]
3. the delivery of goods for sale or disposal

Consignment \Con*sign"ment\, n.
1. The act of consigning; consignation.
2. (Com.) The act of consigning or sending property to an agent or correspondent in another place, as for care, sale, etc.
3. (Com.) That which is consigned; the goods or commodities sent or addressed to a consignee at one time or by one conveyance. To increase your consignments of this valuable branch of national commerce. --Burke.
4. The writing by which anything is consigned.

See more meaning on Consignment...

Consignment is the act of consigning, which is placing a person or thing in the hand of another, but retaining ownership until the goods are sold or person is transferred. This may be done for shipping, transfer of prisoners, or for sale in a store (i.e. a consignment shop).

Features of consignment are:

The word consignment comes from Fr. consigner "to hand over or transmit", originally from Lat. consignare "to affix a seal," as was done with official documents just before being sent.

"Consignment shop" is an American English term for second-hand stores that offer used goods at a lower cost than new. Many offer new items as well. In the context of sale, it is usually understood that the consignee (the seller) pays the consignor (the person who owns the item) a portion of the proceeds from the sale. Payment is not made until and unless the item actually sells. The consignor retains title to the item at all times, and can end the arrangement at any time by requesting return of the item. A specified period of time is commonly arranged, after which time if the item does not sell the owner can reclaim the item (or, if not reclaimed within a period of time, the seller can dispose of the item at his discretion).

• Consignment sales gain popularity among moms - KING-5
  What do you do with your children's clothes when your kids outgrow them? Donate them? Consign them at a store? These days, more and more moms are selling their kids' used clothes, toys, books and furniture at consignment sales -- a different ... Read more on this news related to 'Consignment'
• Savvy cities see consignment shops as a way of boosting business - Miami Herald
  Since its opening five years ago, Baby Posh, an Aventura consignment shop that specializes in gently used baby-wear, has been a huge success with moms. “A lot of them have told us that it look like an expensive boutique, but when they come in ... Read more on this news related to 'Consignment'
• Consignment space for start-up businesses - Abc Local Web
  PHILADELPHIA - May 18, 2012 (WPVI) -- If you're looking to start your own business, today's economy might make you think twice. But there are some fledgling business owners in Philadelphia who are off to a good start, thanks to a woman who was determined ... Read more on this news related to 'Consignment'