Meaning of “assignor” in the English Dictionary

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"assignor" in Business English

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assignornoun [ C ]

uk /əˌsaɪˈnɔːr/ us /əˈsaɪnər/

LAW a person who gives the rights to a property, etc. to someone else:

When a lease is being transferred, the current lessee is the "assignor" and the proposed new lessee is the "assignee".

(Definition of “assignor” from the Cambridge Business English Dictionary © Cambridge University Press)