Concession vs. Consignment - What's the difference?

Wikipedia

  • Consignment

    Consignment is the act of consigning, the act of giving over to another person or agent's charge, custody or care any material or goods but retaining legal ownership until the material or goods are sold. That may be done for the purpose of shipping the goods, transferring the goods to auction or intending the goods to be placed on sale in a store (a consignment store). The verb "consign" means "to send" and therefore the noun "consignment" means "sending goods to another person". In the case of "retail consignment" or "sales consignment" (often just referred to as a "consignment"), goods are sent to the agent for the purpose of sale. The ownership of these goods remains with the sender. The agent sells the goods on behalf of the sender according to instructions. The sender of goods is known as the "consignor" and the agent entrusted with the custody and care of the goods is known as the "consignee".

Wiktionary

  • Concession (noun)

    The act of conceding.

  • Concession (noun)

    An act of conceding, particularly:

  • Concession (noun)

    A compromise: a partial yielding to demands or requests.

  • Concession (noun)

    Land granted by an authority for some specific purpose, particularly: township

  • Concession (noun)

    A portion of a township, especially equal lots once granted to settlers in Canada.

  • Concession (noun)

    A territory—usually an enclave in a major port—yielded to the administration of a foreign power.

  • Concession (noun)

    A see above).

  • Concession (noun)

    The see below)

  • Concession (noun)

    A privilege granted by an authority, especially to conduct business on favorable terms within certain conditions and particularly:

  • Concession (noun)

    A right to use land or an offshore area for a specific purpose, such as oil exploration. franchise

  • Concession (noun)

    A right to operate a quasi-independent franchise of a larger company. premises

  • Concession (noun)

    A right to operate a quasi-independent business within another's premises, as with concession stands.

  • Concession (noun)

    A preferential tax rate. fare

  • Concession (noun)

    A discounted price offered to certain classes of people, such as students or the elderly.

  • Concession (noun)

    An admission of the validity of an opponent's point in order to build an argument upon it or to move on to another of greater importance; an instance of this.

  • Concession (noun)

    Any admission of the validity or rightness of a point; an instance of this.

  • Concession (noun)

    A gift freely given or act freely made as a token of respect or to curry favor.

  • Concession (noun)

    A see above).

  • Concession (noun)

    An see above) or from a concession stand.

  • Concession (noun)

    A see above).

  • Concession (verb)

    To grant or approve by means of a concession agreement.

  • Consignment (noun)

    A collection of goods to be sent, in transit or having been sent

  • Consignment (noun)

    The act of consigning

Oxford Dictionary

  • Concession (noun)

    a thing that is granted, especially in response to demands

    "the government was unwilling to make any further concessions"

  • Concession (noun)

    the action of conceding or granting something

    "this strict rule was relaxed by concession"

  • Concession (noun)

    a gesture made in recognition of a demand or prevailing standard

    "her only concession to fashion was her ornate silver ring"

  • Concession (noun)

    a preferential allowance or rate given by an organization

    "tax concessions"

  • Concession (noun)

    a reduction in the price of something for a certain category of person

    "there are concessions on party bookings"

    "railcard holders can obtain concessions"

  • Concession (noun)

    the right to use land or other property for a specified purpose, granted by a government, company, or other controlling body

    "new logging concessions"

  • Concession (noun)

    a commercial operation set up by agreement within the premises of a larger concern

    "the concessions will offer photo processing and a pharmacy"

  • Concession (noun)

    the right, given by a company, to sell goods, especially in a particular place.

  • Concession (noun)

    a piece of land into which surveyed land is divided.

  • Consignment (noun)

    a batch of goods destined for or delivered to someone

    "a consignment of drugs"

  • Consignment (noun)

    the action of consigning or delivering something

    "levels of consignment are running below budget"

Webster Dictionary

  • Concession (noun)

    The act of conceding or yielding; usually implying a demand, claim, or request, and thus distinguished from giving, which is voluntary or spontaneous.

  • Concession (noun)

    A thing yielded; an acknowledgment or admission; a boon; a grant; esp. a grant by government of a privilege or right to do something; as, a concession to build a canal.

  • Consignment (noun)

    The act of consigning; consignation.

  • Consignment (noun)

    The act of consigning or sending property to an agent or correspondent in another place, as for care, sale, etc.

  • Consignment (noun)

    That which is consigned; the goods or commodities sent or addressed to a consignee at one time or by one conveyance.

  • Consignment (noun)

    The writing by which anything is consigned.

Princeton's WordNet

  • Concession (noun)

    a contract granting the right to operate a subsidiary business;

    "he got the beer concession at the ball park"

  • Concession (noun)

    the act of conceding or yielding

  • Concession (noun)

    a point conceded or yielded;

    "they won all the concessions they asked for"

  • Consignment (noun)

    goods carried by a large vehicle

  • Consignment (noun)

    the official act of consigning a person to confinement (as in a prison or mental hospital)

  • Consignment (noun)

    the delivery of goods for sale or disposal

Popular Comparisons
Recently Compared