- In law an assign is defined as an individual that may receive the transfer of assets from someone else.
An example of an assign is a child who inherits his father's house after his death.
- To assign is defined as to empower or distribute a job or responsibility.
- An example of something you may assign are appointment times.
- An example of something you may assign are chores to your children.
- An example of something a teacher may assign is the job of line leader.
assign definition by Webster's New World
- to set apart or mark for a specific purpose; designate: assign a day for the meeting
- to place at some task or duty; appoint: I was assigned to watch the road
- to give out as a task; allot: the teacher assigned a new lesson
- to ascribe; attribute: jealousy was assigned as the motive for the crime
- Law to transfer (a claim, right, property, etc.) to another
Origin: Middle English assignen ; from Old French assigner ; from Classical Latin assignare, mark out, allot ; from ad-, to plush signare, sign
assign definition by American Heritage Dictionary
transitive verb as·signed, as·sign·ing, as·signs
- To set apart for a particular purpose; designate: assigned a day for the inspection.
- To select for a duty or office; appoint: firefighters assigned to the city's industrial park.
- To give out as a task; allot: assigned homework to the class.
- To ascribe; attribute: sorted the rocks by assigning them to different categories. See Synonyms at attribute.
- Law To transfer (property, rights, or interests) from one to another.
- To place (a person or a military unit) under a specific command.
Origin: Middle English assignen, from Old French assigner, from Latin assignāre : ad-, ad- + signāre, to mark (from signum, sign; see sekw-1 in Indo-European roots).
- as·signˌa·bilˈi·ty noun
- as·signˈa·ble adjective
- as·signˈa·bly adverb
- as·signˈer noun
assign - Business Definition
- To sign a document that transfers an asset or a right from one person to another.
- To decide which writer of an option or futures contract (the party that is short the security) will be required to perform the terms of the contract. Clearing corporations and brokerage companies usually assign this responsibility in a random manner when the holders of the contracts ask for delivery of the asset specified in the contract.
assign - Investment & Finance Definition
To transfer ownership from one party to another by signing a contract. The assignor gives up ownership and the assignee becomes the owner.
assign - Legal Definition