Search results
- Dictionaryconsignment/kənˈsʌɪnm(ə)nt/
noun
- 1. a batch of goods destined for or delivered to someone: "a consignment of drugs"
Powered by Oxford Dictionaries
CONSIGNMENT definition: 1. an amount of goods that is sent somewhere: 2. If goods are on consignment, the person or…. Learn more.
Apr 30, 2024 · Consignment is an arrangement in which goods are left with a third party to sell. The party that sells the goods on consignment receives a portion of the profits, either as a flat...
Consignment is the act of leaving goods with someone else to sell while retaining ownership until the goods are sold. Goods are sometimes supplied on a consignment basis, so that payment is not made until after the buyer has sold the goods, and in the meantime the goods remain the property of the supplier.
Sep 29, 2024 · 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.
The meaning of CONSIGNMENT is the act or process of consigning. How to use consignment in a sentence.
[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 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 commercial term that refers to a giving over of objects.
noun. the act of consigning; commitment. a shipment of goods consigned. on consignment. for payment by the consignee after sale. he made the last shipment on consignment.
The verb consign means "to send", and therefore the noun consignment means "sending goods to another person". In the case of retail consignment or sales consignment (often just referred to as a "consignment"), goods are sent to an agent for the purpose of sale. Legal ownership of these goods remains with the sender.
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 ...
