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The Collaborative International Dictionary of English v.0.48:

Consignation \Con`sig*na"tion\, n. [L. consignatio written proof, document: cf. F. consignation comsignation.] 1. The act of consigning; the act of delivering or committing to another person, place, or state. [Obs.] [1913 Webster] So is despair a certain consignation to eternal ruin. --Jer. Taylor. [1913 Webster] 2. The act of ratifying or establishing, as if by signing; confirmation; ratification. [1913 Webster] A direct consignation of pardon. --Jer. Taylor. [1913 Webster] 3. A stamp; an indication; a sign. [Obs.] [1913 Webster] The most certain consignations of an excellent virtue. --Jer. Taylor. [1913 Webster]
Bouvier's Law Dictionary, Revised 6th Ed (1856):

CONSIGNATION, contracts. In the civil law, it is 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. Poth. Oblig. P. 3, c. 1, art. 8. 2. Generally the consignation is made with a public officer it is very similar to our practice of paying money into court. 3. The term to consign, or consignation, is derived from the Latin consignare, which signifies to seal, for it was formerly the practice to seal up the money thus received in a bag or box. Aso & Man. Inst. B. 2, t. 11, c. 1, Sec. 5. See Burge on Sur. 138.