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Simple English definitions for legal terms
foreign assignment
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A quick definition of foreign assignment:
Foreign assignment refers to a job or task given to someone in a different country or jurisdiction. It can also mean the transfer of rights or property from one person to another. For example, if someone gives their niece money and allows her to invest it, that is an assignment of property. In some cases, a person may assign their wages to a creditor as collateral for a loan. Additionally, in parliamentary law, the assignment of the floor refers to the process of recognizing who is entitled to speak.A more thorough explanation:
Definition: A foreign assignment is a transfer of rights or property from one person to another in a foreign country or another jurisdiction. It can also refer to a task, job, or appointment given to someone in a foreign country.
Example: A company based in the United States sends one of its employees to work in their branch office in Japan. This is a foreign assignment because the employee is being transferred to a different country to work.
Explanation: In this example, the employee is being assigned to work in a foreign country, Japan. The transfer of the employee's rights and responsibilities from the US office to the Japan office is considered a foreign assignment.