{"id":358726,"date":"2013-01-28T16:34:14","date_gmt":"2013-01-28T21:34:14","guid":{"rendered":"https:\/\/content.findlaw-admin.com\/ability-law\/dictionary\/definition\/assignment.html"},"modified":"2013-01-28T16:34:14","modified_gmt":"2013-01-28T21:34:14","slug":"assignment","status":"publish","type":"dictionary","link":"https:\/\/dictionary.findlaw.com\/definition\/assignment.html","title":{"rendered":"Assignment"},"content":{"rendered":"\n
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term:<\/p>\n

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n<\/p><\/dt>\n

1<\/b> :<\/b> the act of assigning
2 a<\/b> :<\/b> a position, post, or office to which one is assigned
b<\/b> :<\/b> a task assigned
3<\/b> :<\/b> a present transfer of property or rights <\/p>\n

absolute assignment<\/b>
:<\/b> an assignment in which the transfer is complete and leaves the assignor with no interest in the property or right transferred <\/p>\n

assignment for the benefit of creditors<\/b>
:<\/b> assignment of property by a debtor to an assignee to be held in trust and used to pay off the debtor’s debts <\/p>\n

assignment of income<\/b>
:<\/b> an assignment by one taxpayer to another of income for the purpose of avoiding taxes <\/p>\n

assignment of lease<\/b>
:<\/b> an assignment by a tenant of all of his or her remaining rights in a property under a lease compare sublease<\/a> <\/p>\n

effective assignment<\/b>
:<\/b> an assignment by which the assignor’s interest in the property or right being assigned is terminated and transferred to the assignee <\/p>\n

equitable assignment<\/b>
:<\/b> 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 <\/p>\n

general assignment<\/b>
:<\/b> an assignment for the benefit of creditors of all of a debtor’s property to be distributed fairly to the creditors compare preference<\/a> <\/p>\n

wage assignment<\/b>
:<\/b> 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<\/a> <\/p>\n<\/dd>\n<\/dl>\n

Source: Merriam-Webster’s Dictionary of Law \u00a91996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.<\/div>\n<\/div>\n
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Related Terms from the Intellectual Property Law Glossary<\/h2>\n\t\n\t
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