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assignee

   Also found in: Dictionary/thesaurus, Financial, Wikipedia 0.01 sec.

assignee (assign) n. a person to whom property is transferred by sale or gift, particularly real property. (See: assign)


assignee noun accipient, allottee, donee, grantee, receiver, recipient, transferee
Associated concepts: lessee
Foreign phrases: Assignatus utitur jure auctoris.An assignee has the rights of his principal.
See also: deputy, feoffee, licensee, payee, receiver, recipient, transferee

ASSIGNEE. One to whom an assignment has been made.
     2. Assignees are either assignees in fact or assignees in law. An assignee in fact is one to whom an assignment has been made in fact by the party having the right. An assignee in law is one in whom the law vest's the right, as an executor or administrator. Co. Litt. 210 a, note 1; Hob. 9. Vide Assigns, and 1 Vern. 425; 1 Salk. 81 7 East, 337; Bac. Ab. Covenant, E; a Saund. 182, note 1; Arch. Civ. Pl. 50, 58, 70 Supp, to Ves. Jr, 72 2 Phil. Ev. Index, h.t.



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