a risk that, under state law, is assigned to an insurer from a pool of insurers who would not otherwise accept it.
a person to whom some right or interest is transferred, either for his or her own enjoyment or in trust. Historical Examples The assignee of the entire interest may be represented by an attorney of his own selection. Patent Laws of the Republic of Hawaii Hawaii The firm publishing (p. 316)the book was in the […]
to give or allocate; allot: to assign rooms at a hotel. to give out or announce as a task: to assign homework. to appoint, as to a post or duty: to assign one to guard duty. to designate; name; specify: to assign a day for a meeting. to ascribe; attribute; bring forward: to assign a […]
something assigned, as a particular task or duty: She completed the assignment and went on to other jobs. a position of responsibility, post of duty, or the like, to which one is appointed: He left for his assignment in the Middle East. an act of assigning; appointment. Law. the transference of a right, interest, or […]
- Assignment problem
assignment problem mathematics, algorithm (Or “linear assignment”) Any problem involving minimising the sum of C(a, b) over a set P of pairs (a, b) where a is an element of some set A and b is an element of set B, and C is some function, under constraints such as “each element of A must […]