Definition
A legal transfer of rights, property, or obligations from one party to another—basically handing someone else your problems on paper. Courts love these because they're documented proof you've officially made it someone else's circus.
Example Usage
The contract included an assignment clause allowing the original buyer to hand off the deed to a third party without the seller's permission.
Source: Legal terminology via Common practice
Related Terms
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See “assignment” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.
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