The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

CONSIGNMENT SALE Definition & Legal Meaning

Definition & Citations:

An arrangement of trade where a seller gets to sell in a shop they don’t own. Once sold the owner of the establishment is paid a percent of the money for the use of the store. If unsold it will be retrieved. AKA sale or return. Refer to guaranteed sale.

Disclaimer

This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.