assignee


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as·sign·ee

 (ə-sī′nē′, ăs′ĭ-nē′)
n.
1. A party to which a transfer of property, rights, or interest is made.
2. One appointed to act for another; a deputy or agent.

assignee

(ˌæsaɪˈniː)
n
1. (Law) law a person to whom some right, interest, or property is transferred
2. history Austral a convict who had undergone assignment

as•sign•ee

(ə saɪˈni, ˌæs əˈni)

n.
a person to whom property is transferred, either in perpetuity or in trust.
[1275–1325; Middle English < Middle French]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.assignee - (law) the party to whom something is assigned (e.g., someone to whom a right or property is legally transferred)assignee - (law) the party to whom something is assigned (e.g., someone to whom a right or property is legally transferred)
law, jurisprudence - the collection of rules imposed by authority; "civilization presupposes respect for the law"; "the great problem for jurisprudence to allow freedom while enforcing order"
recipient, receiver - a person who receives something
party - a person involved in legal proceedings; "the party of the first part"
References in classic literature ?
Hammerdown will sell by the orders of Diogenes' assignees, or will be instructed by the executors, to offer to public competition, the library, furniture, plate, wardrobe, and choice cellar of wines of Epicurus deceased.
Garth had failed in the building business, which he had unfortunately added to his other avocations of surveyor, valuer, and agent, had conducted that business for a time entirely for the benefit of his assignees, and had been living narrowly, exerting himself to the utmost that he might after all pay twenty shillings in the pound.
Glegg, "and it's right to warn you,--if Tulliver's made a bankrupt, and he's got a note-of-hand of your husband's for three hundred pounds, you'll be obliged to pay it; th' assignees 'ull come on you for it.
Destination Services: to Support the Assignee in Their Transition From the Home to the Host Country.
Once the assignment is complete, the assignee is the owner of the property, and with ownership of the "tree" comes the "fruit from the tree" and its tax consequences, including from the sale of or receipt of income from the property.
With proper planning, the transition abroad can be beneficial to both the employer and the assignee.
07(2) states: "If the debtor has given a preference within four months before the filing of a petition, or an assignment, after the filing of the petition and before the appointment of a receiver, or after the filing of an assignment and before the qualification of the assignee, and the recipient has reasonable cause to believe that the enforcement of the judgment or transfer would effect a preference, the judgment shall be voidable by the receiver or assignee, and the receiver or assignee may recover the property or its value from the recipient.
Having been an assignee at other institutions, he said if he took that position at KTB he would have requested that TV7 be declared insolvent and would have sought to sell it, instead of pursuing liquidation.
Plaintiff's main argument on appeal is that, because plaintiff was not the eligible injured person's (EIP's) assignee at the time plaintiff submitted the NF-3 forms to defendant, the language in the mandatory personal injury protection (PIP) endorsement (11 NYCRR 65-1.
An ABC is primarily distinguishable from the federal bankruptcy process in that 1) it does not impose an automatic stay in favor of the debtor (4); 2) it does not grant an assignee special authority to recover assets that were transferred immediately before the filing (5); and 3) unlike most types of bankruptcy proceedings, it does not provide a discharge of any debt.
The key novelty is that the assignment of receivables to another bank does not affect the classification of receivables performed by the assignee bank based on the criterion of timeliness.