consignment

Definitions

General English

Accounting

  • noun a group of goods sent for sale

Economics

  • Something that is put into the care of another, as when a batch of traded goods is consigned to a shipper for transport to another location.
  • A method of marketing in which the seller entrusts a product to an agent, who then attempts to sell it on the seller's behalf, or "on consignment."

Law

  • noun the sending of goods to someone who will hold them for you and sell them on your behalf
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