According to the Oxford English Dictionary, to consign is to “deliver [something] to a person's keeping.” So in the art world, it’s when the owner of an artwork —a consigner— ‘consigns’ it (gives it) ...
Most understand the concept of selling on consignment, though few are aware that purchasing on consignment exists. Reverse consignment, sometimes known as pre-positioning, is a supply chain management ...
Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Daniel Rathburn is an editor at Investopedia ...
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