assign

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Related to assignable: assignable cause

Assign

In futures and options, to select, usually at random, a client with a short position to make delivery on a contract. That is, a clearing house randomly assigns a brokerage with a short position on a futures contract or option to make delivery of the underlying asset to one of the clearing house's clients with a long position on the same contract. When a brokerage is assigned to make a delivery, it also randomly assigns a client with a short position to make the delivery to the brokerage.

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.

assign

To transfer one's property rights or contract rights to another.In the context of real property,an assignment is commonly used in three circumstances:(1) An investor signs a contract to purchase real property and reserves the right to assign that contract to some business entity to be created in the future, but still owned or controlled by the same investor. (2) An investor wishes to purchase property anonymously because of fears the owner will increase the asking price if he or she knew the identity of the true purchaser.As a result,the investor employs a straw man to sign the purchase contract,and the contract is then assigned to the ultimate purchaser.(3) A speculative purchaser of condominium units or other property to be built in the future will sign a purchase contract for a fixed price,in the expectation that prices will increase dramatically by the time construction is completed. At that time the speculator may then assign their (below-market price) contract to another for a substantial profit.

References in periodicals archive ?
New features offered include Layer-Jump Recording, an improved GUI based interface, DVD-Video and miniDVD mastering, selectable ISO track recording options and assignable sounds that alert the user to the burn process results.
1 channel receiver offer 110 watts of power per channel, Sony's Digital Cinema Auto Calibration (DCAC) technology, Digital Cinema Sound processing for studio quality reproduction, two optical inputs, one assignable coaxial input and component video switching capable of high-definition pass through.
When the process goes outside control limits, this indicates the presence of assignable cause variation, which contributes the largest portion of overall variability in an unstable process.
The clear writing throughout makes it easily assignable to students.
Other contracts, such as equipment leases, maintenance contracts and the like, may also contain clauses providing for their termination upon assignment, or may not be assumable or assignable.
Many Six Sigma projects have been launched in the rubber industry in order to find assignable causes of variation and take corrective action to improve the efficiency of the process with a reduction in scrap and rework.
Indeed, the magic of music as therapy that can take place in such an assignable hobby space has been well documented.
It will detect and show assignable causes that affect all of the cavities simultaneously.
The company bases its Electronic Article Merchandising(SM) (EAM)(SM) and Electronic Access Control (EAC) systems on Electronic Signatures(R) technology which makes unique radio signals assignable to items or people.
Property is currently leased from original owner and is assignable.
Checkpoint's EAM and access control systems are based on its Electronic Signatures(R) technology which makes unique radio signals assignable to items or people.
The company bases its Electronic Article merchandising (SM) (EAM|SM~) and Electronic Access Control (EAC) systems on Electronic Signatures (R) technology which makes unique radio signals assignable to items or people.