Definition
Consignment is the business arrangement where goods are sold on behalf of the owner. Founders reach for it when a vague conversation needs a shared, specific meaning. Name it clearly, then let the next decision — a hire, a price, a test, or a pass — follow from that meaning.
In the room
How the word shows up in a real conversation.
Two cofounders disagree until they define Consignment. Once they agree it means “Business arrangement where goods are sold on behalf of the owner”, the argument becomes a decision.
Common mistake
Using Consignment as a label instead of a fact. If you cannot point to the evidence — a number, a customer, or a written assumption — you are using the word as jargon.
See also
Conglomeration
Process of forming a conglomerate through acquisitions and diversification.
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Consensus forecast
Average prediction of financial analysts for a company's future performance.
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Consolidation
Process of combining multiple companies or business units into one entity.
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Constant growth model
Valuation method assuming dividends or earnings grow at a constant rate.
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