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.

Copyright © 1981-2005 by Gerald N. Hill and Kathleen T. Hill. All Right reserved.
References in periodicals archive ?
"It was we in the DUP who secured devolution on terms acceptable to unionists and who finally scattered those birds of passage, the Direct Rule ministers, for so long the public face of a colonial system of government that consigned us all to the status of second-class citizens," he said.
(3) As the dust settled, artists and collectors who had consigned work to Berry-Hill began to realize what the bankruptcy filing meant for their artwork.
Wholesalers are more willing to consign higher-priced rugs, said Robert Moomjy, general manager of MER Corp., where about 10 percent of business is in consignment.
TODAY'S SELECTIONS Haydock 2.20 Consign. Leicester 4.50 Loving Home.
There are plenty of eager artists who are willing to consign their works to you.
The consignee holds the consigned goods for sale or converts the goods to a finished product for sale, and only takes title to the consigned goods when it uses or sells the goods.
Based on a document from the bureau, the shipment consigned to Blue Harbor Comm arrived on October 27, 2010 but was only examined last April 4, 2019, nine years after it arrived.
The parcels originated from the United States and consigned to Steven Marple, of Antique, and Betty Lu of LCG Marketing in Cagayan de Oro.
It seems that fat-cats in the boardrooms and the shareholders have only one loyalty and that is to themselves with little regard for the workers who will be consigned to the scrapheap.
Attempting to grow all of your own food consigned people to "13thcentury malnutrition", he said.

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