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Legal maxim and Latin for an assignee / agent is clothed with rights of his assignor / principal. This is the concept of agency law, where an agent is clothed with the authority granted by the principal. … [Read more...] about ASSIGNATUS UTITUR JURE AUCTORIS

In Scotch law. An assignee. … [Read more...] about ASSIGNAY

Insurance term, usually auto insurance, refers to a class of drivers that insurers would not insure due to their poor driving record and/or other factors but by law they are required to insure, e.g. assigned risk driver. … [Read more...] about ASSIGNED RISK

An officer chosen or appointed to appraise, value, or assess property. In civil and Scotch law. Persons skilled in law, selected to advise the judges of the inferior courts. Bell; Dig. 1, 22; Cod. 1, 51 A person learned in some particular science or industry, who sits with the judge on the trial of a cause requiring such special knowledge and gives his advice. In England it is … [Read more...] about ASSESSOR

A person to whom an assignment is made. Allen v. Pancoast, 20 N. J. Law, 74; Ely v. Com'rs, 49 Mich. 17, 12 N. W. 893, 13 N. W. 784. The term is commonly used in reference to personal property; but it is not incorrect, in some cases, to apply it to realty, e.g., "assignee of the reversion." Assignee in fact is one to whom an assignment has been made in fact by the party having … [Read more...] about ASSIGNEE