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The meaning of CONSIGNMENT is the act or process of consigning. How to use consignment in a sentence.
Consignment is a process whereby a person gives permission to another party to take care of their property and retains full ownership of the property until the item is sold to the final buyer. [ 1 ] It is generally done during auctions, shipping, goods transfer, or putting something up for sale in a consignment store. [ 2 ]
Consignment is a business arrangement wherein goods are left in the possession of another party, who sell the goods and keep a percentage of the sale.
noun. /kənˈsaɪnmənt/ [countable] a quantity of goods that are sent or delivered somewhere. A consignment of medicines is on its way now. a consignment note (= a document listing goods that have been sent) The consignment leaves tonight from Heathrow. Definitions on the go.
Consignment is the act of leaving goods with someone else to sell while retaining ownership until the goods are sold.
Consignment definition: the act of consigning. . See examples of CONSIGNMENT used in a sentence.
Consignment means the delivery of things, like clothing or furniture, for sale or donation to someone else. A "consignment shop" is a clothing store that sells other people's clothing and goods.
Consignment is a business model where a shop (the consignee) sells products on behalf of their owner (the consignor). As a consignor, you provide your goods to the shop, and they handle the rest: storage, inventory management , and sales.
CONSIGNMENT definition: 1. an amount of goods that is sent somewhere: 2. If goods are on consignment, the person or…. Learn more.
consignment. From Longman Dictionary of Contemporary English Related topics: Trade con‧sign‧ment /kənˈsaɪnmənt/ noun 1 [countable] a quantity of goods that are sent somewhere, especially in order to be sold consignment of a large consignment of clothes 2 → on consignment 3 [uncountable] when someone sends or delivers something ...