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Assignee   Listen
Assignee

noun
1.
(law) the party to whom something is assigned (e.g., someone to whom a right or property is legally transferred).






WordNet 3.0 © 2010 Princeton University








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"Assignee" Quotes from Famous Books



... the town or city, while every new resident becomes a member when by law he becomes entitled to the privileges of local citizenship. In corporations created for the emolument of their members interests are represented by shares, which may be transferred by their owners, and the assignee becomes entitled to the rights of membership when the transfer is recorded; and if the owner dies his personal representative becomes a member for the time being. In such corporations also shares may be sold in satisfaction of debts ...
— Up To Date Business - Home Study Circle Library Series (Volume II.) • Various

... of alienation was that by assignation. Lands thus assigned were known as agri dati assignati. The gift on the part of the state was gratuitous, and ownership passed wholly to the assignee. The land so given was definitely surveyed, marked out and registered. Such an assignment might take one of two possible forms. It might be the means of establishing a new "plantation'' (colonia), with some independent political organization ...
— Project Gutenberg Encyclopedia

... for his future use, shall be void as against creditors; and that if property assigned or sold remains with the seller or assignor, the transaction is to be presumed fraudulent. But whether such conveyance of goods is only prima facie (at first view) evidence of fraud, which the vendee or assignee may rebut by proving the sale or assignment to have been made honestly and in good faith; or whether the transaction is fraudulent in point of law, and void, is a question upon which the decisions of the courts in England as well as those ...
— The Government Class Book • Andrew W. Young



Words linked to "Assignee" :   jurisprudence, law, party, assign, recipient, receiver



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