Equitable Assignment
The Cyclopedic Law Dictionary · Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922
The Cyclopedic Law Dictionary
An assignment giving to the assignee a right enforceable only in equity. The term is now commonly applied to constructive assignments, though such are now generally enforceable a complete and present right on the person intended to be provided for, even where the circumstances do not admit of its present exercise."
14 Wall. (U. S.) 69.
An order on a particular fund (120 U. S. 511; 78 Iowa, 426; 3 Me. 436), or an order by a creditor to pay the debt to a third person (7 Cal. 258; 18 Mass. 461; 18 Mont. 335), are examples of such assignments.