assignee (B2)
noun
Pronunciation: /əsˌaɪˈniː/
Definition
A person or entity to whom a right or property is legally transferred.
Examples
The assignee is responsible for distributing the assets according to the court's order.
As the assignee of the lease, she agreed to all the terms and conditions.
The assignee received the full payment from the debtor.
How to Use assignee
- assignee of [something] (prepositional phrase)
- The person to whom a specific right, property, or obligation is transferred. — "The assignee of the patent has the exclusive right to manufacture the product."
- assignee for the benefit of creditors (collocation)
- A person appointed to manage the assets of an insolvent company for the benefit of its creditors. — "The assignee for the benefit of creditors is now in control of the company's finances."
Synonyms of assignee
Words with a similar meaning to assignee:
Antonyms of assignee
Words with the opposite meaning to assignee:
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