total assignment
An assignment empowering the assignee to enforce the entire right for the benefit of the assignor or others. • Examples are assignment to secure an obligation and assignment to a trustee.
An assignment empowering the assignee to enforce the entire right for the benefit of the assignor or others. • Examples are assignment to secure an obligation and assignment to a trustee.
An assignment not given for value; esp., an assignment given or taken as security for — or in total or partial satisfaction of — a preexisting obligation. [Cases: Assignments 54. C.J.S. Assignments § 60.]
gratuitous assignment Read More »