Simple definition
The transfer of contractual rights or obligations to another party.
General
What Does Assignment Mean?
The transfer of contractual rights or obligations to another party.
Example in a contract
Neither party may assign this agreement without consent.
What assignment means in a contract
This type of term often appears in the general or boilerplate provisions that govern how the agreement is interpreted and administered.
Why it may matter
These clauses can affect amendment, assignment, waiver, severability, notices, and how the document works as a whole. Review the exact language rather than relying on the label alone.
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FAQ
Questions about assignment.
What does assignment mean in plain English?+
The transfer of contractual rights or obligations to another party.
Where might assignment appear in a contract?+
This type of term often appears in the general or boilerplate provisions that govern how the agreement is interpreted and administered.
Is this definition legal advice?+
No. ClauseInsight provides concise informational explanations. The legal effect of a term depends on the complete document, facts, and applicable law.