Question: How does consignment work? 

Answer: Consignor owns the products, but allows someone else (consignee) to sell them. Consignee pays consignor only after products are sold. If you want to sell something you own through a consignment shop, you would let them place the object for sale, agree on price and then collect only if and when it sells.
This question from the Yahoo Q&A forum is categorized in the topic: Politics & Government