The Collaborative International Dictionary of English v.0.48:

Consignment \Con*sign"ment\, n.
   1. The act of consigning; consignation.
      [1913 Webster]

   2. (Com.) The act of consigning or sending property to an
      agent or correspondent in another place, as for care,
      sale, etc.
      [1913 Webster]

   3. (Com.) That which is consigned; the goods or commodities
      sent or addressed to a consignee at one time or by one
      conveyance.
      [1913 Webster]

            To increase your consignments of this valuable
            branch of national commerce.          --Burke.
      [1913 Webster]

   4. The writing by which anything is consigned.
      [1913 Webster]

WordNet (r) 3.0 (2006):

consignment
    n 1: goods carried by a large vehicle [syn: cargo, lading,
         freight, load, loading, payload, shipment,
         consignment]
    2: the official act of consigning a person to confinement (as in
       a prison or mental hospital) [syn: commitment, committal,
       consignment]
    3: the delivery of goods for sale or disposal