trustee — In Novell NetWare, a user or group object that has been granted rights to work with a directory, an object, or a file. See also Public trustee; trustee assignment … Dictionary of networking
trustee rights — See trustee assignment … Dictionary of networking
assignment for benefit of creditors — A voluntary transfer of a debtor s property into a trust to be used to pay creditors. The trustee collects any income owed the debtor, liquidates the debtor s property that has been transferred to the trust, and uses the money to pay the debtor s … Law dictionary
assignment — as·sign·ment n 1: the act of assigning 2 a: a position, post, or office to which one is assigned b: a task assigned 3: a present transfer of property or rights absolute assignment: an assignment in which the transfer is complete and leaves the… … Law dictionary
assignment for benefit of creditors — A method of scheduling debt repayment by which a trustee receives directly a portion of a debtor s income and uses it to pay the debtor s bills. Compare garnishment … Business law dictionary
assignment in bankruptcy — See bankruptcy; trustee in bankruptcy … Ballentine's law dictionary
General assignment — A general assignment is a concept in bankruptcy law that has different meanings in different jurisdictions. * In the United states, a general assignment is simply a contract whereby the insolvent entity ( Assignor ) transfers legal and equitable… … Wikipedia
general assignment for benefit of creditors — A transfer of legal and equitable title to all debtor s property to trustee, with authority to liquidate debtor s affairs and distribute proceeds equitably to creditors. Central Fibre Products Co. v. Hardin, C.C.A.Tex., 82 F.2d 692, 694. See also … Black's law dictionary
general assignment for benefit of creditors — A transfer of legal and equitable title to all debtor s property to trustee, with authority to liquidate debtor s affairs and distribute proceeds equitably to creditors. Central Fibre Products Co. v. Hardin, C.C.A.Tex., 82 F.2d 692, 694. See also … Black's law dictionary
involuntary assignment — An assignment by operation of law, for example, the passing of a decedent s choses in action to the executor or administrator of his estate. 6 Am J2d Assign § 2. The transfer of the choses in action of a bankrupt to the trustee in bankruptcy. An… … Ballentine's law dictionary