consign

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consign

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.

consign

verb 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
References in periodicals archive ?
With our fourth opening in New York City, we are looking forward to introducing our brand to new shoppers and consigners and continuing to serve our loyal following of fashioniSTAs in Manhattan," remarked COO Bill Soncini.
If two weeks pass without a sale, Gulliver will charge the consigner $150 a week until the vehicle is sold.
Teletrade will offer consigners and winning bidders competitive sellers' and buyers' fees, and offer cash advances for consignments of $10,000 or more.
Collector car enthusiasts are demonstrating their confidence in the market by clamoring to register for the 2003 Barrett-Jackson Classic Car Auction with consigners and bidders ahead of last year's record pace.
Steve Deeds, president of Superior Galleries said: "I was extremely pleased that we did so well for our consigners.