noun🔗ShareOne to whom a thing is assigned"The bank is the assignee of his mortgage, meaning he now makes payments to them, not the original lender. "lawbusinesspropertyChat with AIVocabulary GamePractice Reading
noun🔗ShareOne to whom rights or property is being transferred"The bank, as the assignee of John's debt, now receives his loan payments. "propertybusinesslawChat with AIVocabulary GamePractice Reading
noun🔗ShareOne who is appointed to act or speak in place of another; an agent"The bank is now the assignee of the loan, meaning they are responsible for collecting payments from the borrower in place of the original lender. "jobbusinesslawpersonorganizationChat with AIVocabulary GamePractice Reading
