as·sign·ment n
1: the act of assigning
2 a: a position, post, or office to which one is assigned
b: a task assigned
3: a present transfer of property or rights
absolute assignment: an assignment in which the transfer is complete and leaves the assignor with no interest in the property or right transferred
assignment for the benefit of creditors: assignment of property by a debtor to an assignee to be held in trust and used to pay off the debtor's debts
assignment of income: an assignment by one taxpayer to another of income for the purpose of avoiding taxes
assignment of lease: an assignment by a tenant of all of his or her remaining rights in a property under a lease compare sublease
effective assignment: an assignment by which the assignor's interest in the property or right being assigned is terminated and transferred to the assignee
equitable assignment: an assignment (as of property in which one has a future interest) that is not valid at law but that would be upheld in a court of equity
general assignment: an assignment for the benefit of creditors of all of a debtor's property to be distributed fairly to the creditors compare preference
wage assignment: an assignment by an employee by which an amount of his or her wages are transferred to another party (as a creditor) before the wages are paid to the employee compare garnishment

Merriam-Webster’s Dictionary of Law. . 1996.

I (allotment) noun allocation, allowance, apportionment, appropriation, assignation, dispensation, distribution, division, partition, portion associated concepts: assignment of choses in action II (designation) noun appointment, authorization, commission, delegation, deputation, mandate, nomination, placing in office, prescription, selection, signification, specification, stipulation associated concepts: assignment of error III (task) noun business, charge, chore, commission, duty, function, mission, part, pursuit, responsibility, role, stint, work IV (transfer of ownership) noun abalienation, alienation, assignation, cession, conferment, conferral, consignation, consignment, conveyance, conveyancing, delivery, demise, devolvement, disposition, distribution, grant, impropriation, mutual transfer, nonretention, relegation, transfer, transference, transmission, transmittal associated concepts: assignment by operation of law, assignment for the benefit of creditors, assignment for value, assignment of a cause of action, assignment of a chose in action, assignment of an account, assignment of claim, assignment of dower, assignment of lease, assignment of rents and profits, assignment of wages, consignment, general assignment, lease, license, partial assignment, promise to make assignment, voluntary assignment foreign phrases:
- Assignatus utitur jure auctoris. — An assignee is clothed with the right of his principal
V index activity, agency (legal relationship), alienation (transfer of title), allotment, appointment (act of designating), apportionment, arrogation, assignation, attribution, blame (responsibility), burden, capacity (job), cession, charge (responsibility), citation (attribution), classification, commitment (responsibility), consignment, conveyance, deed, department, deputation (selection of delegates), designation (naming), devolution, dispensation (act of dispensing), disposition (transfer of property), distribution (apportionment), duty (obligation), employment, function, job, labor (work), mission, nomination, position (business status), project, province, quota, ration, reference (citation), role, selection (choice), specification, trade (occupation), work (employment)

Burton's Legal Thesaurus. . 2006

Where the proprietor of debts or other rights transfers those rights to another person usually with the right to sue for payment/enforcement.

Easyform Glossary of Law Terms. — UK law terms.

the transfer of property, especially terms of leases, chattels personal and choses in action. Assignments may be legal or equitable. Legal assignments of terms of years must be by deed (even where the creation of the right assigned did not require a deed, as, for example, in the case of a lease of not more than three years); equitable assignments need not be by deed but must usually be in writing. Legal assignments of choses in action do not, as a rule, require to be by deed. In the case of life and marine insurance policies, notice of assignment must be given to the company. See assignation.

Collins dictionary of law. . 2001.

1) A transfer of property or ownership rights from one person to another, called the "assignee." For example, a lease may be assigned from one tenant to another. Or, ownership rights for a patent, copyright, trademark, or trade secret may be transferred by assignment.
2) The property or rights that are transferred.
Category: Real Estate & Rental Property → Renters' & Tenants' Rights

Nolo’s Plain-English Law Dictionary. . 2009.

1) The transfer of a property interest from one party to another. A party to a contract (the assignor) may, as a general rule and subject to the express terms of a contract, assign its rights under the contract to a third party (the assignee) without the consent of the party (the debtor) against whom those rights are held. The principle with regard to obligations is that they cannot be transferred to a third party except by novation. An assignment may be either a legal assignment or an equitable assignment.
2) An agreement that sells your brand to another business – you lose control of it but receive a lump sum in return.
+ assignment
The transfer of an interest in either a tangible or intangible asset (including the rights arising out of a contract) from one party (the assignor) to another (the assignee).
Related links

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

n. The transfer of a duty, interest, or right from one party to another.
See also subrogation.
@ assignment for benefit of creditors
An assignment of most of a debtor's property to another who, acting as a trustee, consolidates and liquidates the assets and pays the debtor's creditors with any surplus being returned to the debtor.
@ assignment of a lease
An assignment of a lessee's entire interest in a lease. The assignor remains secondarily liable to the landlord and will have to pay the rent if the assignee does not.
See also sublease.

Webster's New World Law Dictionary. . 2000.

A transfer of rights in real property or personal property to another that gives the recipient—the transferee—the rights that the owner or holder of the property—the transferor— had prior to the transfer.

Dictionary from West's Encyclopedia of American Law. 2005.

A transfer of rights in real property or personal property to another that gives the recipient—the transferee—the rights that the owner or holder of the property—the transferor— had prior to the transfer.
II The transfer to another person of any property, real or personal.

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

   the act of transferring an interest in property or some right (such as contract benefits) to another. It is used commonly by lawyers, accountants, business people, title companies and others dealing with property.
   See also: assign

Law dictionary. . 2013.

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Look at other dictionaries:

  • Assignment — As*sign ment, n. [LL. assignamentum: cf. OF. assenement.] 1. An allotting or an appointment to a particular person or use; or for a particular time, as of a cause or causes in court. [1913 Webster] 2. (Law) (a) A transfer of title or interest by… …   The Collaborative International Dictionary of English

  • assignment — late 14c., order, request, directive, from O.Fr. assignement (legal) assignment (of dower, etc.), from L.L. assignamentum, noun of action from L. assignare (see ASSIGN (Cf. assign)). Meaning appointment to office is mid 15c.; that of a task… …   Etymology dictionary

  • assignment — assignment, assignation An assignment is an allocation, and in law a legal transfer of a right or property, or the document that effects the transfer. It is also a task or piece of work allotted to a person, in this meaning originating in AmE.… …   Modern English usage

  • assignment — [n1] responsibility, task appointment, beat, charge, chore, commission, drill, duty, homework, job, mission, position, post, practice, stint; concept 362 assignment [n2] selecting or setting apart allocation, allotment, appointment, apportionment …   New thesaurus

  • Assignment K — is a 1968 British thriller film directed by Val Guest, and starring Stephen Boyd, Camilla Sparv, Michael Redgrave and Leo McKern. A British spy has his cover blown, leading to the East German Stasi kidnapping his girlfriend in order to try and… …   Wikipedia

  • assignment — *task, duty, job, stint, chore …   New Dictionary of Synonyms

  • assignment — ► NOUN 1) a task allocated to someone as part of a job or course of study. 2) the action of assigning …   English terms dictionary

  • assignment — [ə sīn′mənt] n. 1. an assigning or being assigned; appointment; allotment 2. anything assigned or allotted, as a lesson, task, etc. 3. Law a) a transfer of a claim, right, property, etc. b) an instrument, as a deed, authorizing this SYN. TASK …   English World dictionary

  • assignment — n. task mission 1) to give smb. an assignment 2) to carry out an assignment (the ambassador carried out her assignment brilliantly) 3) a dangerous; difficult, rough, tough; easy assignment 4) an overseas; rush; special assignment 5) an assignment …   Combinatory dictionary

  • assignment — Options are exercised through the option purchaser s broker, who notifies the clearinghouse of the option s exercise. The clearinghouse then notifies the option seller that the buyer has exercised. When futures options are exercised, the buyer of …   Financial and business terms

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