assignment pro tanto

An assignment that results when an order is drawn on a third party and made payable from a particular fund that belongs to the drawer.

• The drawee becomes an assignee with respect to the drawer’s interest in that fund. [Cases: Assignments 49. C.J.S. Assignments § 55.]

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双语律师Benita，国际知名法学院金融专业，擅长翻译各类与项目开发及融资相关的法律文件。