consign(redirected from consigned)
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v. 1) to deliver goods to a merchant to sell on behalf of the party delivering the items, as distinguished from transferring to a retailer at a wholesale price for re-sale. Example: leaving one's auto at a dealer to sell and split the profit. 2) to deliver to a carrier to be taken to an agent of the sender. 3) when a debtor has belongings but no money to pay his/her creditors and deposits his/her goods with a trustee who will sell them to raise money to pay the owner's debts and creditors. This is done by agreement between a debtor and his/her creditors or by order of a bankruptcy judge.
consignverb abalienate, assign to, authorize, charge, commit, commit to another's trust, committere, convey, deliver, deliver formally, deliver over, deposit with, entrust, give in trust, hand over, have conveyed, send, ship, transfer, transfer for sale, transmit, transplant, transport, turn over
Associated concepts: bailment, conditional sale, consignnent contract of goods
See also: alienate, allocate, assign, attorn, authorize, cede, commit, confide, contribute, convey, delegate, detail, disperse, disseminate, distribute, divide, entrust, give, grant, leave, mete, refer, relegate, remand, remit, supply, transfer, transmit, transport, trust, vest