Assignor Law and Legal Definition

Assignor signifies the person who or entity that, transfers property rights or powers to another.

Generally, the assignor can limit the operation of his or her assignment, and impose whatever condition s/he may think proper. However, when a general assignment in trust for the use the creditors is made , no condition can imposed which will deprive them of any right nor any condition forbidden by law like giving preference when the law forbids it.