equitable assignment

equitable assignment
An assignment which, though invalid at law, will be recognized and enforced in equity; e.g., an assignment of a chose in action, or of future acquisitions of the assignor. Stewart v. Kane, Mo.App., Ill S.W.2d 971, 974.
In order to work an "equitable assignment", there must be an absolute appropriation by the assignor of the debt or fund sought to be assigned. Sneesby v. Livington, 182 Wash. 229, 46 P.2d 733, 735

Black's law dictionary. . 1990.

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  • equitable assignment — see assignment Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. equitable assignment …   Law dictionary

  • equitable assignment — An assignment which, though invalid at law, will be recognized and enforced in equity; e.g., an assignment of a chose in action, or of future acquisitions of the assignor. Stewart v. Kane, Mo.App., Ill S.W.2d 971, 974. In order to work an… …   Black's law dictionary

  • equitable assignment — An order, writing, or act by the assignor which makes an absolute appropriation of a chose in action or fund to the use of the assignee with the intent of transferring a present interest, but not amounting to a legal assignment. An executory… …   Ballentine's law dictionary

  • equitable assignment — noun : an assignment that is not recognizable at law but will be enforced in equity subject to equities …   Useful english 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

  • equitable — eq·ui·ta·ble / e kwi tə bəl/ adj 1: having or exhibiting equity: dealing fairly and equally shall allocate...appropriations in an equitable manner U.S. Code 2: existing or valid in equity or as a matter of equity as distinguished from law an… …   Law dictionary

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  • assignment — A transfer or setting over of property, or of some right or interest therein, from one person to another, and unless in some way qualified, the transfer of one s whole interest in an estate, chattel, or other thing. 6 Am J2d Assign § 1. The word… …   Ballentine's law dictionary

  • Equitable — Eq ui*ta*ble, a. [F. [ e]quitable, from [ e]quit[ e]. See {Equity}.] 1. Possessing or exhibiting equity; according to natural right or natural justice; marked by a due consideration for what is fair, unbiased, or impartial; just; as, an equitable …   The Collaborative International Dictionary of English

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