assigneeə saɪˈni, ˌæs əˈni
assignee (v)
assignee (n)
- plural
- assignees
English Definitions:
assignee (noun)
(law) the party to whom something is assigned (e.g., someone to whom a right or property is legally transferred)
assignee (Noun)
one to whom a thing is assigned
assignee (Noun)
one to whom rights or property is being transferred
assignee (Noun)
one who is appointed to act or speak in place of another; an agent
assignee
An assignment is a legal term used in the context of the law of contract and of property. In both instances, assignment is the process e whereby a person, the assignor, transfers rights or benefits to another, the assignee. An assignment may not transfer a duty, burden or detriment without the express agreement of the assignee. The right or benefit being assigned may be a gift (such as a waiver) or it may be paid for with a contractual consideration such as money. The rights may be vested or contingent, and may include an equitable interest. Mortgages and loans are relatively straightforward and amenable to assignment. An assignor may assign rights, such as a mortgage note issued by a third party borrower, and this would require the latter to make repayments to the assignee. A related concept of assignment is novation wherein, by agreement with all parties, one contracting party is replaced by a new party. While novation requires the consent of all parties, assignment needs no consent from other non-assigning parties. However, in the case of assignment, the consent of the non-assigning party may be required by a contractual provision.
Citation
Use the citation below to add this dictionary page to your bibliography:
Style:MLAChicagoAPA
"assignee." Kamus.net. STANDS4 LLC, 2024. Web. 7 May 2024. <https://www.kamus.net/english/assignee>.
Discuss this bahasa indonesia assignee translation with the community:
Report Comment
We're doing our best to make sure our content is useful, accurate and safe.
If by any chance you spot an inappropriate comment while navigating through our website please use this form to let us know, and we'll take care of it shortly.
Attachment
You need to be logged in to favorite.
Log In