1. The act of consigning or delivering goods to another person for sale or custody.
Usage: formal; commercial
2. Goods or merchandise that have been consigned to an agent or merchant.
Usage: formal; commercial

Examples

• The consignation of the artwork to the gallery was completed last week.
• The merchant received a large consignation of textiles from overseas.
• Under the terms of consignation, the agent agreed to sell the goods within three months.
• The consignation agreement specified that unsold items would be returned to the supplier.
• She handled the consignation of rare books to the auction house with great care.