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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词条贡献者

法律翻译Roger，在一家顶尖欧洲律师事务所的北京办公室担任全职法律翻译，专注翻译各类与北欧业务有关的法律文件。