assignment
Definition 1
The receipt of an exercise notice by an option writer that requires him/her to sell the security in the case of a call option, or to buy the security in the case of a put option, at the specified strike price. Here, also called exercise assignment or exercise notice.
Definition 2
The transfer of ownership of an asset from one person to another.
 Cite this definition
'assignment
' appears in the definitions of these terms on BusinessDictionary.com collateral assignment, assignment of proceeds, deed of assignment, absolute assignment, assignment under documentary credit, and 
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