assignee

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Definitions from WordNet

Noun assignee has 1 sense

assignee - (law) the party to whom something is assigned (e.g., someone to whom a right or property is legally transferred)
--₁ is a kind of party; recipient, receiver

Derived form: verb assign₇

Definitions from the Web

Term: Assignee

Definition:

The term "assignee" refers to a person or entity who receives the legal rights or ownership of something, typically an asset or a claim, from another person or entity known as the assignor.

Sample Sentences:

The assignee of the property will be responsible for maintaining it.
John became the assignee of Sarah's debt after she transferred it to him.
As the assignee of the patent, the company now has exclusive rights to its invention.
The assignee of the contract must fulfill all the obligations stated within.

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