We have changed our privacy policy. In addition, we use cookies on our website for various purposes. By continuing on our website, you consent to our use of cookies. You can learn about our practices by reading our privacy policy.
© 2016 Shmoop University, Inc. All rights reserved.
GO TO SAT PREP GO TO ACT PREP

Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

Assignment

Definition:

The thing you write for History class to explain why France doesn't have kings anymore.

In the financial world, though, assignment can mean a notice stating that an option has been exercised. It can also mean the transfer of rights or property.

No kings involved.