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.
The act of transferring property, rights under a contract, or benefits under a trust to another person, or a document (a deed of assignment) facilitating such a transfer. This term also encompasses the transfer of bank loans between financial institutions to mitigate credit risk.
The process of making use of a right available in a contract; commonly used in context with options and convertible securities.
