Coassignee

/koʊˌæsaɪˈni/ noun

Definition

A person who receives a transfer or assignment of property or rights together with another person.

Etymology

From 'co-' (together) and 'assignee' (recipient of an assignment), from Old French 'assigner' meaning 'to mark out' or 'to transfer.' Used in legal and business contexts.

Kelly Says

In real estate, when a house is transferred 'to John and Mary,' they're coassignees with equal ownership—and this is why some couples end up in long court battles when relationships end!

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