11:05 Jul 29, 2019 |
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Serbian to English translations [PRO] Law/Patents - Law: Contract(s) | |||||||
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4 | assignee |
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assignee Explanation: 1: a person to whom an assignment is made https://www.merriam-webster.com/dictionary/assignee What is ASSIGNEE? A person to whom an assignment is made. Allen v. Pancoast, 20 N. J. Law, 74; Ely v. Com’rs, 49 Mich. 17, 12 N. W. 893, 13 N. W. 784. The term is commonly used in reference to personal property ; but it is not incorrect, in some cases, to apply it to realty, e. g., “assignee of the reversion.” Assignee in fact is one to whom an assignment has been made in fact by the party having the right. Starkweather v. Insurance Co., 22 Fed. Cas. 1091; Tucker v. West, 31 Ark. 043. Assignee in law is one in whom the law vests the right; as an executor or administrator. Idem. The word has a special and distinctive use as employed to designate one to whom, under an insolvent or bankrupt law, the whole estate of a debtor is transferred to be administered for the benefit of creditors. In old law. A person deputed or appointed by another to do any act, or perform any business. Blount. An assignee, however, was distinguished from a deputy, being said to occupy a thing in his own right, while a deputy acted in right of another. Cowell. https://thelawdictionary.org/assignee/ |
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