English, asked by JUSTLIKETIGER, 6 months ago

What is meant by assignment ?

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Answered by Anonymous
35

\bf{Assignment}

An assignment is the transfer of an individual's rights or property to another person or business. This concept exists in a variety of business transactions. For investors and traders the most prominent example occurs when an option contract is assigned, the option writer has an obligation to complete the requirements of the contract. But there are other types business transactions known as an assignment.

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