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The delivery of goods to a carrier to be shipped to a designated person for sale. A Bailment of goods for sale.

A consignment is an arrangement resulting from a contract in which one person, the consignor, either ships or entrusts goods to another, the consignee, for sale. If the goods are transported by a carrier to the consignee, the name of the consignor appears on the bill of lading as the person from whom the goods have been received for shipment. The consignee's name appears on it as the person to whom delivery is to be made. The consignee acts as an agent on behalf of the consignor, a principal, in selling the goods and must take reasonable care of them while in his or her possession. The consignor does not give up ownership of the goods until their sale.

Under the terms of the consignment contract, the consignee agrees to pay the consignor a balance of the price received for any goods sold, which has been reduced by a fee, usually a small percentage of the sale price. Any goods that have not been sold must be returned to the consignor.


Shipping Law.


v. the act of consigning goods to one who will sell them for you or transport them for you. (See: consign, consignee)


noun allocation, allotment, assignation, assignment, cession, concession, consignation, conveyance, conveyancing, delivering to, dispatchment, distribution, expressage, goods shipped, merchandise sent, sending, shipment, shipping, transfer, transference, transferring, transmission
Associated concepts: consignment for sale, consignment shipper
See also: alienation, apportionment, assignment, cargo, delegation, freight


the sending of goods. The person sending them is the consignor and the person to whom they are sent the consignee.

The consignor is generally responsible for the payment of any charges. The rights and liabilities of the consignor and consignee on the one hand and the carrier of the goods on the other will usually be based on the terms of the contract of carriage. See BILL OF LADING, CARRIAGE BY AIR, CARRIAGE BY RAIL, CARRIAGE BY ROAD, CARRIAGE BY SEA.

CONSIGNMENT. The goods or property sent by a common carrier from one or more persons called the consignors, from one place, to one or more persons, called the consignees, who are in another. By this term is also understood the goods sent by one person to another, to be sold or disposed of by the latter for and on account of the former.

References in periodicals archive ?
My consignment of medicines which included insulin injections was to be sent from Coimbatore (Tamil Nadu), but the donors informed that the airline refused to pick it up citing the govt order on NOCs," said another volunteer.
RCO secretary general Dr Mustafa Al Sayed, meanwhile, explained that the second consignment contains more than 40 tonnes of medicines, relief and food supplies that have been processed according to the needs of the people of Gaza.
A supplier and a manufacturer entered into a consignment agreement where the supplier consigned raw stainless steel plate to the manufacturer.
Instead of accepting all types of items for consignment like antiques, collectibles, clothing, furniture, jewelry, etc.
He explained that the current consignment will be distributed over one week by an Omani team to the needy in the governorates of Aden, Abeen NS Lahaj.
Society deputy secretary-general Sadiq Al Shehabi said the consignment would travel to Al Areesh Airport, Egypt, where it will be received by officials from Bahrain, Egypt and Palestine.
To further confuse matters, consignments share a number of these criteria.
UCC Section 1-201(37) defines a security interest to include consignments subject to Article 9.