Assignment Of Trade

Business, Legal & Accounting Glossary

Definition: Assignment Of Trade


Assignment Of Trade


Full Definition of Assignment Of Trade


Formal transaction process involving mortgage-backed securities (MBS) to be announced market, which includes an obligation to assign an existing forward trade to a third party while at the same time agreeing to sell an equal amount of loans to the same third party for the same price of the assigned trade. These trades are generally used to avoid receiving or delivery of securities into a to be announced (TBA) trade.


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Assignment Of Trade. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
December 07, 2021 https://payrollheaven.com/define/assignment-of-trade/.
Chicago Manual of Style (CMS):
Assignment Of Trade. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/assignment-of-trade/ (accessed: December 07, 2021).
American Psychological Association (APA):
Assignment Of Trade. PayrollHeaven.com. Retrieved December 07, 2021
, from PayrollHeaven.com website: https://payrollheaven.com/define/assignment-of-trade/

Definition Sources


Definitions for Assignment Of Trade are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 1 Views.