Word Definition

Assignment

  1. The writing by which an interest is transferred.
  2. The transfer of the property of a bankrupt to certain persons called assignees, in whom it is vested for the benefit of creditors.
  3. An allotting or an appointment to a particular person or use; or for a particular time, as of a cause or causes in court.
  4. A transfer of title or interest by writing, as of lease, bond, note, or bill of exchange; a transfer of the whole of some particular estate or interest in lands.