Consign

To Consign means to hand over something, typically goods or responsibility, to the care, custody, or control of another. This transfer can be for various purposes, including sale, storage, or delivery. It implies a formal or official process, often involving a contract or agreement. Consignment often involves trusting another party with valuable items, necessitating a level of confidence and assurance. The act of consigning indicates relinquishing direct ownership or control, while retaining some degree of interest or oversight. The object of consignment may include things such as merchandise, legal documents, or even people, and the context will influence the specific meaning.

Consign meaning with examples

• The artist decided to Consign her paintings to a prestigious gallery, hoping they would attract the right buyers. She prepared the paperwork and carefully documented each piece, trusting the gallery to handle the sales and marketing effectively. This act was a strategic decision to increase the visibility and potential revenue of her artwork, believing in the gallery's expertise.
• Due to a family emergency, Sarah had to Consign her children to the care of their grandparents for a few weeks. She provided the necessary information, discussed routines, and reassured the children, leaving them with a sense of security. This difficult decision was made with the children's welfare in mind, ensuring their well-being while she addressed the emergency situation.
• The company decided to Consign its excess inventory to a discount retailer to clear warehouse space. They negotiated favorable terms, considering the retailer's reach and ability to sell the goods quickly. This act aimed at liquidating assets efficiently, recovering some of the initial investment in production costs and avoiding further storage expenses.
• The lawyer decided to Consign the sensitive documents to the secure storage facility. He followed protocol, ensuring the proper chain of custody and verifying all security measures were in place. He entrusted the storage facility with maintaining the documents' confidentiality and preventing tampering, recognizing the legal importance of the documents.
• The antique dealer decided to Consign the valuable porcelain to a high-end auction house. He provided detailed descriptions and historical context to maximize their appeal to potential buyers. The strategy was designed to generate the best possible sales price given the specialization of the auction house, and the dealer would take the proceeds after the auction.