India witnessed a truly historic moment on November 8, 2016, when the government took the remarkable step of demonetizing Rs500 and Rs1000 notes. Prime Minister Narendra Modi, in his address to the nation, stated one of the reasons for this policy was to counter the rising menace of fake Indian currency notes.
Debt Assignment. DEFINITION of 'Debt Assignment'. A transfer of debt, and all the rights and obligations associated with it, from a creditor to a third party. Debt assignment may occur with both individual debts and business debts. The company assigning the debt may choose to do so in order to improve its liquidity and/or to reduce its risk exposure.
Use the Lease Assignment document if: 1  You want to transfer your lease to someone else. 2  You'd like to take over someone's lease agreement. 3  You're a landlord and up for your tenant transferring their lease. 1  You can use a Lease Assignment to outline the terms for assigning the responsibilities of a lease to someone else. You need to make sure that the landlord has given his or her consent for the Lease Assignment to go into effect.