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assignor

 - 4 dictionary results

as⋅sign

[uh-sahyn]
–verb (used with object)
1. to give or allocate; allot: to assign rooms at a hotel.
2. to give out or announce as a task: to assign homework.
3. to appoint, as to a post or duty: to assign one to guard duty.
4. to designate; name; specify: to assign a day for a meeting.
5. to ascribe; attribute; bring forward: to assign a cause.
6. Law. to transfer: to assign a contract.
7. Military. to place permanently on duty with a unit or under a commander.
–verb (used without object)
8. Law. to transfer property, esp. in trust or for the benefit of creditors.
–noun
9. Usually, assigns. Law. a person to whom the property or interest of another is or may be transferred; assignee: my heirs and assigns.

Origin:
1250–1300; ME assignen < OF assigner < L assignāre. See as-, sign


as⋅sign⋅er; Chiefly Law. as⋅sign⋅or [uh-sahy-nawr, as-uh-nawr] , noun


1. Assign, allocate, allot mean to apportion or measure out. To assign is to distribute available things, designating them to be given to or reserved for specific persons or purposes: to assign duties. To allocate is to earmark or set aside parts of things available or expected in the future, each for a specific purpose: to allocate income to various types of expenses. To allot implies making restrictions as to amount, size, purpose, etc., and then apportioning or assigning: to allot spaces for parking. 4. fix, determine. 5. adduce, allege, advance, show, offer.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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as·sign·or   (ə-sī'nôr', ə-sī'nər, ās'ə-nôr')   
n.   Law
One that makes an assignment.
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Financial Dictionary

assign

To decide which writer of an option or futures contract (the party that is short the security) will be required to perform the terms of the contract. Clearing corporations and brokerage companies usually assign this responsibility in a random manner when the holders of the contracts ask for delivery of the asset specified in the contract.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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Legal Dictionary

Main Entry: 2assign
Function: noun
: ASSIGNEE
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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