When accounts receivables are assigned to a third party for payment. Usually used as collateral for a loan. … [Read more...]
ASSET RECOVERY
Frequently used in the context of repossession, obtaining control over one's asset that is in the hands of another party. … [Read more...]
ASSIGNMENT OF BENEFITS
When a beneficiary of a contract assigns the benefit to a third party. … [Read more...]
ASSETS
In probate law. Property of a decedent available for the payment of debts and legacies; the estate coming to the heir or personal representative which is chargeable, in law or equity, with the obligations which such heir or representative is required, in his representative capacity, to discharge. In an accurate and legal sense, all the personal property of the deceased which is … [Read more...]
ASSIGNMENT OF COUNSEL
Referring to a court appointed attorney who is assigned to the defendant when the defendant is unable to afford an attorney for his or her defense. … [Read more...]