1. : a person to whom an assignment is made. : a person appointed to act for another. 3. : a person to whom a right or property is legally transferred.
What is an assignee vs. assignor?
An assignee is a person to whom a right is transferred by the person holding such rights under the transferred contract (the assignor). The act of transferring is referred to as assigning or assignment and is a concept found in both contract and property law.
Who is called an assignee?
The assignor is the one who grants an assignment, whereas the assignee receives the assignment of rights under a contract. The assignor was a party to the original contract; the assignee was not a party to the original contract. If A and B have a contract and one of them assigns a right to C, then C is the assignee.
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