Assignment: The transfer of the right, title and interest in the property of one person (the assignor) to another (the assignee). There are assignments of, among other things, mortgages, sales contracts, contracts for deeds, leases and options.

 

Related Words

Assignment: Giving a value to a variable. If a variable is seen as a container for data, assignment is filling the container with meaning, or value.

Variable Assignment: Variable assignment is the assignment of a value to a variable. For instance: int val:, val = 5:, // assign to val the value 5 before a value is assigned, the variable is null, which means i . . . View Full Definition

Reassignment: Transferring individuals to alternative positions where their talents or skills may be best utilized to their own or the organization’s benefit or where they are better able to perform the j . . . View Full Definition

Number Assignment Module (NAM): The NAM is the electronic memory in the cellular phone that stores the telephone number and an electronic serial number. Phones with dual- or multi-NAM features offer users the option of reg . . . View Full Definition

Deed Of Trust And Assignment Of Rents: The first page of a lending instrument, identifies the parties to the agreement, conveys title to the trustee, describes the collateral, states the terms and conditions of the note, and refe . . . View Full Definition

Sex Reassignment : Refers to surgical alteration, which is a part of 'transition.'

Assignment Of Benefits: When a covered person authorizes his or her health benefits plan to directly pay a health care provider for covered services. Traditional health insurance pays benefits directly to the cover . . . View Full Definition

Spectrum Assignment: Federal government authorization for use of specific frequencies or frequency pairs within a given allocation, at specific geographic locations.

Wage Assignment: Fifth letter of a Nasdaq stock symbol indicating that this particular stock is a warrant.

Swap Assignment: An arrangement in which two entities lend to each other on different terms, e.g., in different currencies, and/or at different interest rates, fixed or floating.