Assign

Appropriate
The term 'appropriate' refers to the act of setting apart or assigning something for a specific purpose or use. It can also refer to the wrongfully use or take the property of another.
Assign
Assigning is the act of transferring ownership or rights from one party to another. This process involves an assignor who executes the transfer and an assignee who receives it.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.