Art Market Vocabulary

noun the action of consigning or delivering something

• The consignment of goods arrived at the warehouse for inspection.
• I'm picking up my consignment of clothes from the store later.
• I scored a sweet consignment of vintage records at the flea market.
• She viewed her new job as a consignment of opportunities waiting to be explored.

noun the act of placing too high a value on something

verb to place too high a value on something

• It is important not to overvalue a company's assets when assessing its financial health.
• Don't overvalue that old car - it's not worth as much as you think!
• People tend to overvalue designer brands just because of the label.
• She tends to overvalue her own opinions and dismiss others' input.