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A person to whom a contract is given or sold. For example, if Bob sells a futures contract to Joe, or alternately allows Joe to take over the lease on Bob's apartment, Joe is the assignee. While assigning contracts is common, not all contracts are transferable. See also: Assignor.


One to whom a contract or lease has been assigned.See assign.

References in periodicals archive ?
When the hypothetical tax exceeds the actual tax, the employee retains the benefit and is not required to reimburse the employer the difference; when the actual tax exceeds the hypothetical tax, the employer will reimburse the assignee.
Thus, a creditor defending a preference attack in a New Jersey assignment or receivership proceeding should be prepared to produce an ordinary course of business analysis as well as a new value analysis to convince the assignee or receiver to drop its preference attack.
admitted to the LLC), the assignee has no ability to control the
If an objection is not filed within the time prescribed, the assignee may continue to operate the assignor's business for an additional 90 days.
The assignment agreement must include a description of the contracts and receivables that are being assigned by the assignee to the assignor.
23) At this hearing, GE Seaco's counsel announced that an agreement between the assignee and GE Seaco resolved the Injunction Motion, whereby $300,000 of the estate's funds were to be placed in the trust account of the assignee's counsel as a security deposit in case any of the GE Seaco containers were not returned.
Dedicated to the requirements and needs of globally mobile assignees around the world, independent relocation experts HCR are introducing an innovative new service called "Reassurance.
This is common when tenants are unable to find assignees.
as against the other partners in the absence of agreement, entitle the assignee, during the continuance of the partnership, to interfere in the management or administration of the partnership business or affairs, or to require any information or account of partnership transactions, or to inspect the partnership books; but it merely entitles the assignee to receive in accordance with his contract the profits to which the assigning partner would otherwise be entitled.
These services include moving household goods, language and cultural training, perhaps initial financing of the move, local assistance at the employee's destination to help find a place for the assignee to live, a school for the kids and other various types of assistance (opening bank accounts, obtaining driver's licenses etc.
Figure 2 shows the inventors with the most patent documents in the field, along with their associated assignee (company).
It is important to focus on the next role to ensure career progression for the returning assignee.