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What does assignment deed mean?

plural deeds of assignment (also letter of assignment) LAW. a legal agreement to give an asset or to sell a debt to someone else: This deed of assignment enables ownership of a life-insurance policy to be transferred from the current owner to another person or organization.

What is assignment of Security?

Security Assignment means, in respect of each Authorised Participant Agreement andeach Commodity Contract Counterparty, the Security Assignment (if any) pertaining to that Authorised Participant Agreement as it applies in relation to that Commodity Contract Counterparty entered into between the Issuer and the relevant ...

What is a deed of assignment for?

by Practical Law Corporate. A deed for use when a party to an agreement wishes to assign its rights and benefits under that agreement to another person.

What does assignment mean in banking?

Assignment refers to the transfer of some or all property rights and obligations associated with an asset, property, contract, etc. to another entity through a written agreement. For example, a payee assigns rights for collecting note payments to a bank.

What does direct assignment mean?

Direct Assignments. A direct assignment statement assigns a value into a simple field in a form, a simple local or global variable, a column in a table field, or the attribute of a record or an array record attribute.

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