Consign

Business, Legal & Accounting Glossary

Definition: Consign




What is the dictionary definition of Consign?

Dictionary Definition


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.


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/consign/
Modern Language Association (MLA):
Consign. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. September 26, 2021 https://payrollheaven.com/define/consign/.
Chicago Manual of Style (CMS):
Consign. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/consign/ (accessed: September 26, 2021).
American Psychological Association (APA):
Consign. PayrollHeaven.com. Retrieved September 26, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/consign/

Definition Sources


Definitions for Consign are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 27th April, 2020 | 0 Views.