Legal Definition of Consignment: Delivery of goods from the owner to another party (consignee) to be sold by the consignee for the benefit of the owner | Discover the ins and outs of consignment in our comprehensive guide for business owners. Learn how this legal arrangement can help you expand your product range, reach new markets, and reduce financial risks. Explore real-life examples in various industries, including fashion, art, antiques, and bookstores. Embrace consignment to unlock new opportunities and foster fruitful partnerships within your industry