To make an option seller perform his obligation to assume a short futures position (as a seller of a call option) or a long futures position (as a seller of a put option). Chicago Board of Trade glossary

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assign as‧sign [əˈsaɪn] verb [transitive]
1. to give someone a particular job or task, or send them to work in a particular place or for a particular person:
assign something to somebody

• His duties have now been assigned to the deputy chairman.

assign somebody to something

• She was assigned to the US Embassy in Moscow.

assign somebody to do something

• He was assigned to work in a Chicago bank.

2. to give a particular amount of time, money, or resources to something:

• How much time have you assigned for the meeting?

3. to decide that something has a particular value or is of a particular quality:

• the difficulty of assigning a value to an hour of housework

• The group has been assigned a triple A rating by Standard and Poor's.

4. LAW to give something such as property to another person formally, by contract:

• They only assign ownership when the house is complete.

— see also deed of assignment
— assignor noun [countable] :

• The assignor of the lease is released from future liability under this lease.

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   To transfer ownership to another party. It usually involves signing a document. In derivatives markets assignment refers to the act of exercising an option.
   ► See also Exercise, Option.

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assign UK US /əˈsaɪn/ verb [T]
to give a particular job or piece of work to someone: assign tasks/responsibilities/objectives, etc. (to sb) »

The document outlines how the organization will be run and how research tasks will be assigned.

assign sb to do sth »

They assigned him to analyse computer records to look for signs of fraud.

HR to send someone to work in a particular place or do a particular job: assign sb to sth »

Each individual was assigned to a team representing a major stakeholder.

be assigned to sth »

I've been assigned to the finance department on a temporary basis.


Over the past decade, the organization has doubled its number of managers assigned abroad.

to give something, for example a particular amount of time or money, for a particular purpose: assign sth to sth »

They assigned a large sum of money to research and development.


Locals are frustrated that of the $110bn assigned by Congress in relief aid, only $53bn has actually been spent.

assign sth to sb »

Each employee will be assigned an individual work area, with a desk and shelving.

FINANCE to decide that something has a particular value or level: assign sth to sth »

Because most of the companies in which the fund has invested are private, the fund's managers have had to assign them a market value.


Buyers are being trained to use a spreadsheet to assign a cost to every step of completing a sale.

FINANCE, LAW to give your rights to a property, etc. to someone else, either by selling them or preparing a legal document as an agreement: »

Assigning ownership rights to employees can help keep certain costs down.

IT if a computer, website, etc. assigns something, it gives a value to it so that a connection can be made between the data and the user: »

Internet Service Providers automatically assign IP addresses to their customers.

Compare SECOND(Cf. ↑second) verb, POST(Cf. ↑post) verb

Financial and business terms. 2012.


Look at other dictionaries:

  • assign — as·sign 1 /ə sīn/ vt 1: to transfer (property or rights) to another the general practice by inventors of assign ing patent rights J. K. Owens 2: to appoint to a post or duty assign ed to represent the defendant …   Law dictionary

  • Assign — As*sign , v. t. [imp. & p. p. {Assigned}; p. pr. & vb. n. {Assigning}.] [OE. assignen, asignen, F. assigner, fr. L. assignare; ad + signare to mark, mark out, designate, signum mark, sign. See {Sign}.] 1. To appoint; to allot; to apportion; to… …   The Collaborative International Dictionary of English

  • assign — (v.) c.1300, from O.Fr. assiginer (13c.) assign, set (a date, etc.); appoint legally; allot, from L. assignare to mark out, to allot by sign, assign, award, from ad to (see AD (Cf. ad )) + signare make a sign, from signum mark (see SIGN (Cf …   Etymology dictionary

  • Assign — As*sign , n. [From {Assign}, v.] A thing pertaining or belonging to something else; an appurtenance. [Obs.] [1913 Webster] Six French rapiers and poniards, with their assigns, as girdles, hangers, and so. Shak. [1913 Webster] …   The Collaborative International Dictionary of English

  • assign — [v1] select and give a responsibility accredit, allow, appoint, ascribe, attach, attribute, authorize, cast, charge, choice, commission, commit, credit, delegate, deputize, designate, downlink, download, draft, elect, empower, enroll, entrust,… …   New thesaurus

  • assign — [ə sīn′] vt. [ME assignen < OFr assigner < L assignare, mark out, allot < ad , to + signare, SIGN] 1. to set apart or mark for a specific purpose; designate [assign a day for the meeting] 2. to place at some task or duty; appoint [I was… …   English World dictionary

  • Assign — As*sign , n. [See {Assignee}.] (Law) A person to whom property or an interest is transferred; as, a deed to a man and his heirs and assigns. [1913 Webster] …   The Collaborative International Dictionary of English

  • Assign — As*sign , v. i. (Law) To transfer or pass over property to another, whether for the benefit of the assignee or of the assignor s creditors, or in furtherance of some trust. [Webster 1913 Suppl.] …   The Collaborative International Dictionary of English

  • assign to — index blame, consign Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • assign — To give or to transfer responsibility to another. (Dictionary of Canadian Bankruptcy Terms) United Glossary of Bankruptcy Terms 2012 …   Glossary of Bankruptcy

  • assign — 1 *allot, allocate, apportion Analogous words: fix, *set, establish, settle: *distribute, deal, dole, dispense 2 refer, *ascribe, attribute, impute, credit, accredit, charge Analogous words: attach, * …   New Dictionary of Synonyms