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Consignment
(redirected from consign)

    Also found in: Dictionary/thesaurus, Legal, Encyclopedia, Wikipedia, Hutchinson 0.01 sec.
Consignment
When goods are delivered to another company with the understanding that payment for the goods is only made once the goods are sold.

Notes:
Consignment can cover just about any type of business. It is advantageous for the seller of consigned goods, because they don't need to pay suppliers upfront.

Consignment
Transfer of goods to a seller while title to the merchandise is retained by the owner.
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