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Assignee
01
(law) a person or entity to whom property, rights, or obligations are transferred or delegated by another party through a legal assignment
Example
The assignee of the insurance policy was entitled to receive the benefits in case of a covered event, such as illness or accident.
The assignee of the copyright was responsible for managing and enforcing the rights to the author's work.
As the assignee of the mortgage, the bank had the right to foreclose on the property if the borrower defaulted on the loan.
The assignee of the patent worked diligently to develop and market the innovative product, aiming to capitalize on its commercial potential.
After signing the contract, the assignee became the new owner of the leased property and assumed all associated responsibilities.
