assignment of assets

assignment of assets
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  • assignment — as·sign·ment n 1: the act of assigning 2 a: a position, post, or office to which one is assigned b: a task assigned 3: a present transfer of property or rights absolute assignment: an assignment in which the transfer is complete and leaves the… …   Law dictionary

  • assignment — Options are exercised through the option purchaser s broker, who notifies the clearinghouse of the option s exercise. The clearinghouse then notifies the option seller that the buyer has exercised. When futures options are exercised, the buyer of …   Financial and business terms

  • General assignment — A general assignment is a concept in bankruptcy law that has different meanings in different jurisdictions. * In the United states, a general assignment is simply a contract whereby the insolvent entity ( Assignor ) transfers legal and equitable… …   Wikipedia

  • preferential assignment — An assignment of property for the benefit of creditors, made by an insolvent debtor, in which it is directed that a preference (right to be paid first in full) shall be given to a creditor or creditors therein named over other creditors. Such… …   Black's law dictionary

  • implied assignment — An assignment by operation of law, for example, the passing of a decedent s personal assets to the executor or administrator of his estate. 6 Am J2d Assign § 2 …   Ballentine's law dictionary

  • liquidation by assignment — sale or realization of a debtor firm s assets voluntarily agreed to by its creditors who estimate that the firm s liquidation value exceeds its going concern value. Bloomberg Financial Dictionary …   Financial and business terms

  • Insolvency law of Switzerland — The insolvency law of Switzerland is the law governing insolvency, foreclosure, bankruptcy and debt restructuring proceedings in Switzerland. It is principally codified in the Federal Statute on Debt Enforcement and Bankruptcy ( de. Bundesgesetz… …   Wikipedia

  • Embezzlement — Embezzler redirects here. For the film, see The Embezzler. Criminal law …   Wikipedia

  • Collaterals —   Assets pledged by a borrower that will be given up if the loan is not paid. Collateral is normally classified in order to simplify risk management and reporting. Collateral categories are groups of logically related collateral. E.g. Pledged… …   International financial encyclopaedia

  • allocation — Assignment or allotment. Jacobson v. Bowles, D.C.Tex., 53 F.Supp. 532, 534. In taxation, the assignment of income for various tax purposes. A multistate corporation s nonbusiness income usually is allocated to the state where the nonbusiness… …   Black's law dictionary

  • allocation — Assignment or allotment. Jacobson v. Bowles, D.C.Tex., 53 F.Supp. 532, 534. In taxation, the assignment of income for various tax purposes. A multistate corporation s nonbusiness income usually is allocated to the state where the nonbusiness… …   Black's law dictionary

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