The consignment
Example: Consignment refers to goods sent to another party
Definition
The consignment refers to a batch of goods that are sent from one party to another, often for sale or storage. It involves the transfer of products under an agreement where the consignor retains ownership until the consignee sells or uses them.
Etymology
The word "consignment" comes from the Latin verb 'consignare,' meaning 'to mark or seal.' Over time, it evolved to refer to the act of delivering goods under a formal agreement. Did you know? This term originally implied the official sealing of documents or packages to ensure authenticity.
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"The consignment" appears in the Vocaplus list "English - Logistics - (A1-C2) - set 1", containing 109 commonly used words.
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