What does assignor mean?

Definitions for assignor
ə saɪˈnɔr, ˌæs əˈnɔras·sign·or

This dictionary definitions page includes all the possible meanings, example usage and translations of the word assignor.

Princeton's WordNet

  1. assignornoun

    (law) the party who makes an assignment

Wiktionary

  1. assignornoun

    The person or party which makes an assignment.

Wikipedia

  1. assignor

    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.

ChatGPT

  1. assignor

    An assignor is a person, company, or entity who transfers rights, title, property, or interest to another party, known as the assignee. This term is often used in law, particularly in regard to contracts, leases, or intellectual property. The act of transferring these rights or interests is known as assignment.

Webster Dictionary

  1. Assignornoun

    an assigner; a person who assigns or transfers an interest; as, the assignor of a debt or other chose in action

  2. Etymology: [L. assignator. Cf. Assigner.]

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Numerology

  1. Chaldean Numerology

    The numerical value of assignor in Chaldean Numerology is: 7

  2. Pythagorean Numerology

    The numerical value of assignor in Pythagorean Numerology is: 3

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Translations for assignor

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"assignor." Definitions.net. STANDS4 LLC, 2024. Web. 19 May 2024. <https://www.definitions.net/definition/assignor>.

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