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.

References in periodicals archive ?
For instance, the aggregate value of the goods must exceed $1,000 and, of particular concern to art consignment, the merchant must not be "generally known by its creditors to be substantially engaged in selling the goods of others" and the goods must not be "consumer goods immediately before delivery." (79) Based on this definition, consignments to a merchant who was not generally known to be substantially consigning goods would fall outside of Article 9.
For example, consigning versus purchasing original artwork is a controversial--and often distressing--issue between artists and galleries.
But what is the moral justification for displacing native workers and consigning recent immigrants, legal or otherwise, to a life of poverty in low-wage, dead-end jobs, so that agribusinesses may increase their profits while the average American saves mere pennies at the supermarket?