assignment of contract — The transfer by a party to a contract of his right and interest therein, subject to the performance of terms and conditions to which the other party to the contract is entitled. A provision against assignment of contract is sometimes construed as … Ballentine's law dictionary
assignment — as·sign·ment n 1: the act of assigning 2 a: a position, post, or office to which one is assigned b: a task assigned 3: a present transfer of property or rights absolute assignment: an assignment in which the transfer is complete and leaves the… … Law dictionary
delivery — de·liv·ery n pl er·ies: an act that shows a transferor s intent to make a transfer of property (as a gift); esp: the transfer of possession or exclusive control of property to another actual delivery: a delivery (as by hand or shipment) of actual … Law dictionary
ASSIGNMENT (OF DEBT) — History and Development Basically, Jewish law did not recognize the concept whereby personal rights or obligations (whether arising from contract or from a liability for damages in tort) could be legally assigned, either by the creditor or the… … Encyclopedia of Judaism
assignment — Options are exercised through the option purchaser s broker, who notifies the clearinghouse of the option s exercise. The clearinghouse then notifies the option seller that the buyer has exercised. When futures options are exercised, the buyer of … Financial and business terms
Assignment Of Trade — A transaction used primarily in the mortgage backed securities (MBS) to be announced (TBA) market, where the obligation to fulfill an existing forward trade is assigned by one of the counterparties to a third party. Assignments of trade are… … Investment dictionary
delivery of ship — As with other unwieldy property, the delivery may be purely constructive, and may be effected by delivery of the vessel s documents of title, which supplies not merely a symbol, but the mode of enabling the buyer to take actual possession as soon … Ballentine's law dictionary
assignment pro tanto — Where an order is drawn upon a third party and made payable out of a particular fund then due or to become due to the drawer, the delivery of the order to the payee operates as an assignment pro tanto of the fund. Doyle v. East New York Sav. Bank … Black's law dictionary
assignment pro tanto — Where an order is drawn upon a third party and made payable out of a particular fund then due or to become due to the drawer, the delivery of the order to the payee operates as an assignment pro tanto of the fund. Doyle v. East New York Sav. Bank … Black's law dictionary
delivery of gift — An actual, symbolical, or constructive transfer of possession of the subject matter to the donee personally or to some person acting as his agent, trustee, guardian, or bailee, the operation of physically handing over giving way at times, as… … Ballentine's law dictionary