Consigned

/kənˈsaɪnd/ verb

Definition

Delivered or handed over something to someone; sent goods to someone for sale or storage.

Etymology

From consign, which comes from Latin 'consignare' (con- with + signare to mark/sign). Historically involved marking or signing documents for delivery.

Kelly Says

In retail, when a store 'consigns' products from a supplier, the supplier keeps ownership until it sells—it's a brilliant system where risk is shared instead of the store buying inventory upfront.

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