Assignment

What is Assignment?

The act of transferring an interest in property or some right (such as contract benefits) to another. A contract may prohibit an assignment by a party to the contract and it may grant the right to assign to another party. Some contracts are specified to be non-assignable by any party.

Further Reading

For more detailed information, see our related Contracts terms:

• Reliance Interest
• Section 2-207 of the Uniform Commercial Code
• Mutual Assent
• Specific Performance
• Illegal Contract

Reviewed by

Stephanie Bagnall

Licensed Attorney and Legal Researcher

Stephanie Bagnall is a Georgia-licensed attorney and legal researcher with experience in accessibility law, compliance, employment law, and legal writing. She helps develop and review BarPrepHero's Legal Terms content for clarity, accuracy, and usefulness to bar exam students.

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