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Glossary > A > "Assignment" Definition

Assignment

Notice sent by the clearing house to the option writer informing him that the option has been exercised.

The receipt of an exercise notice by an options writer that requires the writer to sell (in the case of a call) or purchase (in the case of a put) the underlying security at the specified strike price.

The transfer of an individual"s rights or property to another person or business.

The transfer of one person"s interest in a legal right or duty to another person or organisation.

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Assignment \ Notice sent by the clearing house to the option writer informing him that the option has been exercised.

The receipt of an exercise notice by an options writer that requires the writer to sell (in the case of a call) or purchase (in the case of a put) the underlying security at the specified strike price.

The transfer of an individual"s rights or property to another person or business.

The transfer of one person"s interest in a legal right or duty to another person or organisation.

Assignment / notice sent by the clearing house to the option writer informing him that the option has been exercised.

the receipt of an exercise notice by an options writer that requires the writer to sell (in the case of a call) or purchase (in the case of a put) the underlying security at the specified strike price.

the transfer of an individual"s rights or property to another person or business.

the transfer of one person"s interest in a legal right or duty to another person or organisation.