<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=271231627262368&amp;ev=PageView&amp;noscript=1">

Gatekeeper Contract and Vendor Management Glossary

Search common contracting language and take a deeper dive to discover what each means

Glossary > A

Assignment

Assignment is the processes of transferring or assigning any of their Liabilities, Rights or Obligations under the Contract to a Third Party.

This clause, often found in the general boilerplate, can also refer to the act of transferring benefits of the agreement.