Simple English definitions for legal terms
Read a random definition: floor
A co-assignee is someone who shares the responsibility of owning or being assigned the same thing with one or more other people.
Definition: A co-assignee is a person who, together with one or more others, is assigned the same thing or property.
Example: John and Jane are co-assignees of a patent for a new invention. They both have equal rights to the patent and can use it as they see fit.
Explanation: In this example, John and Jane are both assigned the same patent, making them co-assignees. They both have equal rights to the patent and can use it as they see fit. This means that they both have the same level of ownership and control over the patent.