assign


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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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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 for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.

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.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
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Since two fluorescein species exist in PBS with different quantum yields and only the fluorescein dianion is present in borate buffer solution, MESF values can not be assigned to microbeads suspended in PBS using the calibration curve made by a series of dilutions of Fluorescein Solution SRM in borate buffer.
Hrica does not see the decrease in taxes assigned by companies as significant."The decline is not a serious one at all," said Hrica.
For example, a committee member or task group can be assigned to oversee rules and procedures.
This is assigned a relative weight of 0.6344, with an average payment of $2,700.
The benefit of this procedure is that all service cost is assigned to users so the "full" cost of the output of line departments (Fabricating and Assembly) can be easily calculated.
The functional, relational retention methodology can be used effectively to assign records retention periods to electronic records.
In their responses, the students also frequently adopted New Critical approaches to the novel, seeking to discover a sense of unity beneath the widely varying actions and speech of the characters encountered in the long sections assigned for each class period.
He assigned the patents to his employer, as required by his employment contract.
The virtual interface is then assigned to a specific user or user community.
The long-term 'AA'/Stable Outlook rating assigned to the Custodial Receipts is based on the custodial level credit enhancement provided by Royal Bank of Canada, acting through a New York branch (RBC, AA/F1+/Stable) in the form of an irrevocable direct-pay letter of credit (LOC), which secures the Custodial Receipts deposited in the trust.
Senior minister Chaudhry Tariq Farooq has been assigned portfolio of Physical Planning, Housing and Irrigation, Raja Nisar Ahmad Khan has given the Electricity Department while Dr.