Share Assignment
/ˈʃɛər əˌsaɪnmənt/
Definitions
- (n.) A legal process by which ownership of shares in a company is transferred from one party to another.
The share assignment was duly executed to transfer the shareholder's rights to the buyer.
Forms
- share assignment
- share assignments
Related terms
See also
Commentary
In drafting, ensure clarity on the mode of transfer and any restrictions under company law or shareholders' agreements.
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.