consignment vs product

consignment and product both are nouns.

Word	Noun	Adjective	Verb	Adverb
consignment	Yes	No	No	No
product	Yes	No	No	No

As nouns, product is a hypernym of consignment; that is, product is a word with a broader meaning than consignment:

Other hypernyms of consignment include merchandise, ware.

consignment (noun)	product (noun)
the official act of consigning a person to confinement (as in a prison or mental hospital)	an artifact that has been created by someone or some process
the delivery of goods for sale or disposal	items for sale to the individual consumer
goods carried by a large vehicle	a quantity obtained by multiplication
	the set of elements common to two or more sets
	a consequence of someone's efforts or of a particular set of circumstances
	a chemical substance formed as a result of a chemical reaction