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Consignment and Devolvement

noun

1. Adjective - Goods or inventory that are held by a selling agent, wholesaler, or reseller until the goods are either sold or returned to the seller. 2. Verb - The physical transfer of goods from a seller/consignor who retains title to a consignee who acts as a selling agent.

noun

  • The delegation of authority (especially from a central to a regional government. ).
(n.) The act or process of devolving;; devolution.