Assignor Meaning: Definition, Examples, and Translations

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assignor

[əˈsʌɪnər ]

Definition

Context #1 | Noun

legal term

A person or entity who transfers their rights or interests to another party.

Synonyms

grantor, transferor.

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Word Description / Examples
assignor

Used in legal and business contexts to refer to a party who transfers a right or interest to another party, typically through a legal document.

  • The assignor transferred the lease agreement to the new tenant.
  • In the contract, the assignor agreed to assign the intellectual property rights to the assignee.
transferor

Typically used in legal and financial contexts to denote a party who transfers an asset, title, or ownership to another party.

  • The transferor must ensure all documents are in order before the transaction.
  • In the stock market transaction, the transferor sold the shares to the transferee.
grantor

Commonly used in real estate and legal contexts to refer to a person who grants or conveys title to a property.

  • The grantor signed the deed, transferring ownership of the house to the buyer.
  • As the grantor, she has the authority to sell the property.

Examples of usage

  • The assignor signed the contract to transfer ownership of the property.
  • The assignor assigned their rights to the patent to the company.

Translations

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Origin of 'assignor'

The term 'assignor' originated from the word 'assign,' which is derived from the Old French word 'assigner,' meaning 'to appoint, assign, or allot.' In legal contexts, an assignor is the party who transfers their rights or interests to another party through a legal assignment agreement. The concept of assigning rights has been an essential part of property law and contract law for centuries.


See also: assign, assignable, assigned, assignee, assigning, assignment, assignments, misassign, preassign, reassign, reassignment, unassigned.