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Assignment of proceeds |
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Assignment of proceedsArrangement that allows the original beneficiary of a letter of credit to pledge or turn over proceeds to another, typically end supplier.Assignment of proceeds Similar MatchesSwap assignmentSwap assignmentRelated: Swap sale Assignment form/noticeAssignment form/noticeSee 'allocation notice'. Assignment (assign)Assignment (assign)The transfer of ownership of an item from one person to another. The 'item' may be tangible or intangible - for instance the benefit of a contract can be assigned from one of the contracting parties to another (unless the contract forbids assignment). Assignment problemAssignment problemHow to use macroeconomic policies to achieve both internal balance and external balance; specifically, with only monetary and fiscal policies available under fixed exchange rates, which instrument should be "assigned" to which goal? Mundell (1962) showed that monetary policy should be assigned to external balance. Notice of assignmentNotice of assignmentSee ' allocation notice'. |
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