ASSIGNMENT

The receipt of an exercise notice by an options writer that requires the writer to sell (in the case of a call) or purchase (in the case of a put) the underlying security at the specified strike price.

The transfer of title or other rights in a real or personal property.

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The transfer in writing of interest in a bond, mortgage, lease or other instrument.

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A right, privilege or improvement belonging to, and passing with, the land.

A provision within a lease agreement that allows either- neither or both parties of a lease transaction to delivery their obligation to a third party in return for immediate compensation. For example- a lessor may assign all current and future lessee's lease payments to a third party in return for cash today.