assignment
noun | as·sign·ment
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: the act of assigning
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a : a position, post, or office to which one is assigned
b : a task assigned
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: a present transfer of property or rights
— absolute assignment
: an assignment in which the transfer is complete and leaves the assignor with no interest in the property or right transferred— assignment for the benefit of creditors
: assignment of property by a debtor to an assignee to be held in trust and used to pay off the debtor's debts— assignment of income
: an assignment by one taxpayer to another of income for the purpose of avoiding taxes— assignment of lease
: an assignment by a tenant of all of his or her remaining rights in a property under a lease — compare sublease— effective assignment
: an assignment by which the assignor's interest in the property or right being assigned is terminated and transferred to the assignee— equitable assignment
: 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— wage assignment
: an assignment by an employee by which an amount of his or her wages are transferred to another party (as a creditor) before the wages are paid to the employee — compare garnishment