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Consignation

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CONSIGNATION, contracts. In the civil law, it is a deposit which a debtor makes of the thing that he owes, into the hands of a third person, and under the authority of a court of justice. Poth. Oblig. P. 3, c. 1, art. 8.
     2. Generally the consignation is made with a public officer it is very similar to our practice of paying money into court.
     3. The term to consign, or consignation, is derived from the Latin consignare, which signifies to seal, for it was formerly the practice to seal up the money thus received in a bag or box. Aso & Man. Inst. B. 2, t. 11, c. 1, Sec. 5. See Burge on Sur. 138.
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? References in periodicals archive
Set up in the Caisse des Depots et Consignations was the video installation Pasolini Loop, 1997-99.
MARKUS HANSEN by Sans, Jerome / Artforum International
The debate over the euro reveals a deeper rift," admits Phillippe Lagayette, CEO of France's Caisse des Depots at Consignations, a Paris-based institutional bank.
Can Europe compete? by Donlon, J.P. / Chief Executive (U.S.)
Very much more important and active than their British equivalents, the SAHLM in France concentrate on new building rather than on renovation, and receive most of their finance from the Caisse des Depots et Consignations (CDC), an autonomous state agency which acts as a public trustee, drawing its funds mainly from savings banks, and also from lawyers, social security and provident associations.
Bergerac veils by Windsor, Alan / The Architectural Review
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