consignment
C2Pronunciation
UK
- /kənsˈaɪnmənt/
US
- /kənˈsaɪnmənt/
Description
- Selling through a shop
- Shipment/batch of goods
- Items left for someone to sell
- Goods handed over for delivery
- Payment after sale
Imagine your attic is overflowing with treasures—vintage clothes, antique furniture, or even a rare record collection. Instead of having a garage sale, you might put those items on consignment at a shop. This means the store agrees to sell them for you, and you get paid only when they sell. It’s a win-win: they get items to offer without paying upfront, and you get someone else to handle the sale.
Consignment isn’t just about retail shops, though. It can also refer to a shipment—a batch of goods being sent to a destination. You might hear a warehouse manager talk about a “large consignment of electronics” arriving from overseas. The core idea is that something of value is handed over to another party for a specific purpose—often for sale or for delivery—while the original owner may still have an interest in it until the final handoff.
The word consignment has a fascinating double life in the worlds of commerce and logistics. Most commonly today, it refers to a business arrangement where a person (the consignor) leaves goods with a dealer (the consignee) to sell on their behalf. You retain legal ownership of your items until the moment they are sold, at which point you receive a percentage of the sale price. Think of high-end clothing boutiques or antique malls; many of those items are consignment pieces, allowing the shop to offer a wide variety of goods without the risk of buying them all first.
However, in the world of shipping and trade, consignment can refer to the actual shipment itself. You might read about “a consignment of medical supplies being sent to disaster victims” or “a consignment of silk arriving at a port.” In this context, it describes the batch of goods being delivered into the care of a carrier or agent. The noun can also mean the act of handing something over into someone else’s keeping—often with a clear destination or purpose.
The root of the word comes from the Latin consignare, meaning "to seal up" or "mark." This sense of officially "signing over" or entrusting something valuable to another party is at the heart of the word. Whether it is a box of grandmother’s jewelry or a massive shipment of industrial parts, consignment is a word built on trust and the temporary transfer of possession.
Examples
- 1
Retail delivery
The supermarket received a consignment of fresh fruit early this morning.
- 2
Customs check
Customs held the consignment at the port until the paperwork was complete.
- 3
Art sales
The gallery sells local artists' work on consignment.
Phrase
on consignment
selling something for its owner and keeping part of the sale price
- 4
Shipment size
Smaller consignments are usually easier to track than one large shipment.
Forms and spellings
2 forms open this card.
Main spelling
- consignmentnoun
Forms
- consignmentspluralnoun