Assignment of Securities
/əˌsaɪnmənt əv səˈkjʊrɪtiz/
Definitions
- (n.) A legal transfer of ownership or rights in securities from one party to another.
The assignment of securities must be properly documented to be enforceable.
- (n.) The process by which rights to dividends, interests, or claims represented by securities are transferred.
Through the assignment of securities, the beneficiary gained entitlement to dividend payments.
Forms
- assignment of securities
Related terms
See also
Commentary
Typically requires compliance with formalities such as writing and registration; clarity in documenting the assignment prevents disputes over ownership.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.