Consign

v. send, dispatch; commit, entrust, hand over

Consignment is the act of consigning, which is placing a person or thing in the hand of another, but retaining ownership until the goods are sold or person is transferred. This may be done for shipping, transfer of prisoners, or for sale in a store (i.e. a consignment shop). In the context of sale, it is usually understood that the consignee (the consignment seller or the party to which goods are sent) pays the consignor (the person with items to sell or the party by which the goods are consigned) only after the sale, from its proceeds.
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Verb
1. commit forever; commit irrevocably
(hypernym) abandon
(derivation) commitment, committal, consignment
2. give over to another for care or safekeeping; "consign your baggage"
(synonym) charge
(hypernym) entrust, intrust, trust, confide, commit
(hyponym) pledge
(derivation) consigner, consignor
3. send to an address
(hypernym) deliver
(derivation) consignment

(v. t.)
To stamp or impress; to affect.
  

(v. t.)
To send or address (by bill of lading or otherwise) to an agent or correspondent in another place, to be cared for or sold, or for the use of such correspondent; as, to consign a cargo or a ship; to consign goods.
  

(v. t.)
To give, transfer, or deliver, in a formal manner, as if by signing over into the possession of another, or into a different state, with the sense of fixedness in that state, or permanence of possession; as, to consign the body to the grave.
  

(v. t.)
To give in charge; to commit; to intrust.
  

(v. t.)
To assign; to devote; to set apart.
  

(v. i.)
To yield consent; to agree; to acquiesce.
  

(v. i.)
To submit; to surrender or yield one's self.
  

To leave an item of property in the custody of another. - (read more on Consign)