What is Assignment?
The transference of a right, interest, or title, or the
instrument of transfer. ---- Something that you have to hand into a
teacher at the end of a term (they suck...trust me i no)
Assignment is a term used in contract and real estate law. It
encompasses the transfer of rights held by one party (assignor) to
another party (assignee) by a written instrument. Assignments are
most commonly used in connection with mortgages.