One to whom an assign- ment has been made. Assignee in fact is one to whom an assign- ment has been made in fact by the party having the right. Assignee in law is one in whom the law vests the right: as, an executor or admin- istrator. See ASSIGNMENT. ASSIGNMENT (Law Lat. assignatio, from assigno, -ad and signum, -to mark for; to appoint to one; to appropriate to). In Contracts. A transfer or making over to another of the whole of any prop- erty, real or personal, in possession or in action, or of any estate or right therein. A transfer by writing, as distinguished from one by delivery. The transfer of the interest one has in lands and tenements, and more particularly applied to the unexpired residue of a term or estate for life or years; Cruise, Dig. tit. xxxii. (Deed) c. vii. § 15; 2 Woodd. Lect. 170, 171; 1 Steph. Com. 11th ed. 507. The deed by which the transfer is made is also called an assignment; Comyns, Dig.; Bacon, Abr.; Viner, Abr.; La. Civ. Code, art. 2612; Angell, Assign.; 1 Am. Lead. Cas. 78, 85; 4 Cruise, Dig. 160. What may be assigned. Every demand connected with a right of property, real or personal, is assignable. Every estate and interest in lands and tenements may be as- signed, as also every present and certain estate or interest in incorporeal heredita- ments, even though the interest be future, including a term of years to commence at a subsequent period; for the interest is vested in præsenti, though only to take effect in futuro; Perkins s. 91; Čo. Litt. 46 b; rent to grow due (but not that in arrear, 8 Cow. 206); a right of entry where the breach of the condition ipso facto terminates the estate; 2 G. & J. 173; 4 Pick. 1; a right to betterments; 9 Me. 62; the right to cut trees, which have been sold on the grantor's land; Hob. 173; 1 Greenl. Ev. § 27; Cruise, Dig. tit. 1, § 45, n.; 7 N. H. 522; 6 Me. 81, 200; 18 Pick. 569; 9 Leigh 548; 11 Ad. & E. 34; a cause of action for cutting timber on another's land; 46 Wis. 118; a right in lands which may be perfected by occupa- tion; 4 Yerg. 1; 1 Cooke 67. But no right of entry or re-entry can be assigned; 2 Yerg. 84; Littleton § 347; 2 Johns. 1;1 Cra. 423; 1 Dev. & B. 319; nor a naked power; though it is otherwise where it is coupled with an interest; 2 Mod. 317. To make an assignment valid at law, the subject of it must have an existence, actual or potential, at the time of the assignment; 7 Ohio St. 432; 15 Mees. & W. 110; 18 Metc. 17; 42 Ala 255. But courts of equity. will support an assignment not only of interests in action and contingency, but of things which have no present, actual, or potential existence, but rest in mere possi- bility only; 2 Story, Eq. Jur. 18th ed. SS 1040 b, 1055; Fearne, Cont. Rem. 527; 20 Johns. 380; as an heir's possibility of inherit- ance; 4 Sneed 258; see 1 Ch. Rep. 29; 33 N. J. Eq. 614; 91 Pa. 96; 5 Wheat. 283. The assignment of personal property is chiefly interesting in regard to choses in action and as to its effect in cases of insol- vency and bankruptcy. Assignments by debtors for the benefit of creditors are regulated by statute in nearly all the states of the United States. See collection of statutes in Moses, Insolv. Laws. A chose in action cannot be transferred at common law: 10 Co. 48; Litt. 266a; Chit. Bills 6; Comyns, Dig. Chancery (2H); 3 Cow. 623; 2 Johns. 1; 15 Mass. 388; 1 Cra. 367;5 Wis. 17; 5 Halst. 20. But the assignee may sue in the assignor's name, and the assignment will be considered valid in equity. See infra. In equity, as well as law, some choses in action are not assignable: for example, an officer's pay, or commission; 2 Anstr. 533 ; 1 Ball. & B. Ch. 387; 1 Swanst. 74; 3 Turn. & R. 459; see 13 Mass. 290; 15 Ves. Ch. 189; or the salary of a judge; 10 Humphr. 342; 5 Moore, P. C. C. 219; or claims for fishing or other bounties from the government; or rights of action for fraud ortort as a right of action for assault; or in trover; 12 Wend. 297 (aliter of a right of action in replevin; 24 Barb. 382); or of the sale of fish not yet caught; 108 Mass. 350; a cause of action for deceit is assignable; 44 Mo. App. 338; and it seems that all rights of action which would survive to the per- sonal representatives, may be assigned; 22 Barb. 110; 7 How. 492; 34 Pa. 299;44 N. H. 424; 7 Misc. Rep. 663; so if a right of action against a common carrier for not delivering goods; 44 N. H. 424; or for injury to goods; 87 Va. 185. An assignment of wages to be earned in the future will be upheld in equity; 80 Me. 367; but see 1 Gray 105; 2 Pa. Co. C. Rep. 465; but the assignment by a master in chancery of his