Assignment

1)The legal action of transfer of receivables from one person to another. In relation to a mortgage, it refers to the transfer of a mortgage by the mortgagee (borrower and occupier) to another person.
(2) Notice to an option writer informing him that the option has been exercised and he has to fulfil his contractual obligations.
(3) In the swap market, the transfer of a swap obligation to another counterparty.
(4)The process by which a trade is directed into the appropriate account.
(5)Transfer of legal title to an asset for security purposes. (6)The transfer by an exporter to their right to part or all of the proceeds of a documentary credit to a third party (usually the supplier of the goods).