Another Word For Consignment
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Meaning
The word "consignment" refers to a shipment of goods that are sent to a person or business, usually for the purpose of selling them. In a consignment arrangement, the seller does not receive payment until the goods are sold to a customer. This type of agreement allows retailers to stock items without having to pay upfront, which can be beneficial for both the supplier and the store.
Synonyms
- Shipment
- Delivery
- Parcel
- Cargo
- Transfer
Antonyms
- Receipt
- Acquisition
- Purchase
Etymology
The word "consignment" comes from the Latin word "consignare," which means "to mark or seal together." It made its way into Middle French before becoming part of the English language in the late 17th century.
Examples
- The artist sent her paintings on consignment to the gallery, hoping to sell them during the exhibition.
- After the consignment of books arrived at the store, the owner was excited to display them for customers.
- The shipment was delayed, but the consignment was finally delivered to the retailer last week.
- In a consignment deal, the store only pays for the items that it sells, making it a low-risk arrangement for both parties.