An assignment is a task or piece of work that you are given to do, especially as part of your job or studies the assessment for the course involves written assignments and practical tests synonyms: task , work , job , charge more synonyms of assignment. Assignment definition legal assignment definition legal assignment assignment n 1: the act of assigning 2 a: a position, post, or office to which one is assigned b: a task assigned 3: a present transfer of property or find free consultation lawyers near you. An assignment is the process of transferring responsibility and accountability[i] delegation is the process by which responsibility and authority for performing a task or activity is transferred to another person. Assignment refers to the transfer of a copyright, patent, or trademark from the owner or holder to another party, whether the other party is an individual or an entity. In addition to certain guarantees provided by law, legalzoom guarantees your satisfaction with our services and support because our company was created by experienced attorneys, we strive to be the best legal document service on the web.
An inventions assignment agreement is a typical feature of an independent contractor or employee agreement where the worker agrees to assign any intellectual property rights arising from the worker's services to the company. : 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 general assignment : an assignment for the benefit of creditors of all of a debtor's property to be distributed fairly to the creditors compare preference. Assignment a transfer of rights in real property or personal property to another that gives the recipient—the transferee—the rights that the owner or holder of the property—the transferor—had prior to the transfer.
Customer testimonials your site contains the best forms available as an attorney that practices for many clients, your site is great i have regular need for legal documents and will be in touch further for more purchases. An assignment is the transfer of rights or property in the financial markets, it is a notice to an options writer that the option has been exercised. Legal definition for assignment: this refers to the transfer of property rights from one person to another person, the assignor transferring the property to the assignee in contracts 1.
The corporation herewith issues to stockholder _____ [quantity] shares of stock in the corporation, par value $_____ per share, in consideration of the abovementioned transfer and assignment of assets. Legal definition of assignment legal definition of assignment help writing scholorship essay legal definition of assignment money for essays buy term paperassignment of lease law and legal definition. University of pennsylvania law review an attempt at a descriptive definition follows as assignment is an expression of intention by the assignor. : 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 — general assignment : an assignment for the benefit of creditors of all of a debtor's property to be distributed fairly to the creditors — compare preference. Legal and equitable assignment the law of property act creates the ability to legally assign a debt or any other chose in action where the debtor, trustee or other relevant person is notified in writing.
Nevertheless, the assignment is effective if the assignee, at the time of the assignment, neither knew nor ought to have known of the agreement the assignor may then be liable to the obligor for breach of contract. An assignment and assumption agreement transfers one party's rights and obligations under a contract to another party the party transferring her rights and duties is the assignor the party receiving them is the assignee. Assignment - the act of distributing something to designated places or persons the first task is the assignment of an address to each datum assigning storage allocation , allocation - (computer science) the assignment of particular areas of a magnetic disk to particular data or instructions. The legal definition of assignment is when a person transfers a piece of property or contractual rights to another person what is assignment if you own a piece of property or have rights in a contract and would like to transfer either of these items to another person, you can make an assignment.
An assignment of rights under a contract is the complete transfer of the rights to receive the benefits accruing to one of the parties to that contract[ii] an assignment is therefore an act by which a person transfers, vests, or causes to vest his rights or interests in a property upon another person[iii. Freebase (000 / 0 votes) rate this definition: assignment in computer programming, an assignment statement sets and/or re-sets the value stored in the storage location denoted by a variable name, in other words, it copies the value into the variable. Definition of assignment of lease: transfer by the original tenant (the assignor) of his or her rights to a sub-tenant (the assignee) to use the leased property however, the assignor remains liable under the original lease contract.
Recordation of the assignment provides legal notice to the public of the assignment it should be noted that recording of the assignment is merely a ministerial act it is not an office determination of the validity of the assignment document or the effect of the assignment document on the ownership of the patent property. Transfer of ownership of a property, or of benefits, interests, liabilities, rights under a contract (such as an insurance policy), by one party (the assignor) to another (the assignee) by signing a document called deed of assignment. Novation is also used in futures and options trading to describe a special situation where the central clearing house interposes itself between buyers and sellers as a legal counter party, ie, the clearing house becomes buyer to every seller and vice versa.
The definition of an assignment is a task that has been given to someone an example of an assignment is homework given to a student an assignment is defined as a position held in government or an organization that bears great responsibility. Indeed a defective legal assignment which takes effect as an equitable assignment may subsequently become a legal assignment if the defect is removed for example, where an equitable assignee of a defective legal assignment subsequently serves written notice on the debtor to perfect the legal assignment. Alm's lawcom online real life dictionary of the law the easiest-to-read, most user-friendly guide to legal terms use it free.