consignment vs shipment

consignment and shipment both are nouns.

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

As nouns, consignment and shipment are synonyms defined as:

Other synonyms of consignment include cargo, freight, lading, load, loading, payload.

consignment (noun)	shipment (noun)
the official act of consigning a person to confinement (as in a prison or mental hospital)	the act of sending off something
the delivery of goods for sale or disposal	goods carried by a large vehicle
goods carried by a large vehicle