What is CONSIGNATION? Definition of CONSIGNATION in Black's Law Dictionary - Legal dictionary - Glossary of legal terms.
In Scotch law. The payment of money into the hands of a third party, when the creditor refuses to accept of it. The person to whom the money is given is termed the "consignatory." Bell.
In French law. A deposit which a debtor makes of the thing that he owes into the hands of a third person, and under the authority of a court of justice. 1 Poth.Obl. 536; Weld v. Hadley, 1 N. H. 304.
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That's the definition of CONSIGNATION in Black's Law Dictionary - Legal dictionary - Glossary of legal terms. Courtesy of Cekhukum.com.
