Trading arrangement in which a seller sends good to a buyer or reseller who pays the seller only as and when the goods are sold. The seller is the owner of the goods until they are paid in full and, after a certain period, takes back the unsold goods.
Consignment stores are where you take something you want to sell. The owner of the store will sell it for you, but keep a percentage of the sale. If your item doesn't sell, it is given back to you.
Amelia Gillian | http://lincolnparkemporium.com