consignment

Meanings

• Noun

  The act of transferring the possession, ownership, or control of goods or merchandise from one person or entity to another, often for sale or exchange.

  - "The consignment of antique furniture from the estate sale was handled by the auction house."
  - "The artist made a consignment sale of her paintings directly to the gallery."

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Rhymes

Words rhyming with consignment
assignment , designation , signature

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Variants

List of all variants of consignment that leads to same result
consignment , consignments , on consignment , consignment store

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Etymology

origin and the way in which meanings have changed throughout history.

From the Middle English word 'consignment', meaning 'commitment' or 'trust'.

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Trivia

Any details, considerations, events or pieces of information regarding the word

1. Did you know that consignment sales have been a common practice in the art world since the Middle Ages?

2. Consignment sales can help artists and creators earn revenue without the need for a physical storefront or large upfront costs.

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Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. Auction: An auction is a process of buying and selling goods or services by offering them up for bids, taking bids, and then selling the item to the highest bidder.

2. Retail: Retail is the sale of goods or services from a business to an end consumer.

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Culture

Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

Consignment has a significant cultural impact on various industries such as art, antiques, and fashion. It allows artists, creators, and sellers to reach a wider audience and earn revenue without the need for a physical storefront. Consignment sales have been a common practice in the art world for centuries, with galleries and dealers acting as intermediaries between artists and buyers.

How to Memorize "consignment"

1. visualize
   

   - Imagine a box of goods being handed over from one person to another with a signed contract.
   - Visualize the exchange of ownership or control of merchandise between two parties.

2. associate
   

   - Associate the word 'consignment' with the idea of trust and transfer of ownership.
   - Think of the word 'consignment' as synonymous with 'commission' or 'agency'.

3. mnemonics
   

   - Create a memory hook by associating the word 'consignment' with 'commitment' or 'control'.

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