Ballentine's law dictionary. Anderson, W.S.. 1998.
constructive assignment — An assignment for the benefit of creditors arising by operation of law, as where a preferential or fraudulent transfer is converted by statute into an assignment for the benefit of creditors. 6 Am J2d Assign for Crs § 47 … Ballentine's law dictionary
involuntary assignment — An assignment by operation of law, for example, the passing of a decedent s choses in action to the executor or administrator of his estate. 6 Am J2d Assign § 2. The transfer of the choses in action of a bankrupt to the trustee in bankruptcy. An… … Ballentine's law dictionary
preferential assignment — An assignment of property for the benefit of creditors, made by an insolvent debtor, in which it is directed that a preference (right to be paid first in full) shall be given to a creditor or creditors therein named over other creditors. Such… … Black's law dictionary
voidable assignment — An assignment by a debtor which is fraudulent as to creditors hindered or delayed thereby in reference to realization upon their claims. 6 Am J2d Assign for Crs § 63. See voidable preference … Ballentine's law dictionary
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