Draft and Assignment

noun

• A document ordering the payment of money; drawn by one person or bank on another.
  • synonyms: bill of exchange, order of payment
• A current of air (usually coming into a chimney or room or vehicle.
  • synonyms: draught
• A preliminary sketch of a design or picture.
  • synonyms: rough drawing
• A serving of drink (usually alcoholic) drawn from a keg.
  • usage: "they served beer on draft"
  • synonyms: draught, potation, tipple
• Any of the various versions in the development of a written work.
  • usage: "a preliminary draft"; "the final draft of the constitution"
  • synonyms: draft copy
• The depth of a vessel's keel below the surface (especially when loaded.
  • synonyms: draught
• A regulator for controlling the flow of air in a fireplace.
• A dose of liquid medicine.
  • usage: "he took a sleeping draft"
  • synonyms: draught
• Compulsory military service.
  • synonyms: conscription, muster, selective service
• A large and hurried swallow.
  • usage: "he finished it at a single gulp"
  • synonyms: gulp, draught, swig
• The act of moving a load by drawing or pulling.
  • synonyms: draught, drawing

verb

• Draw up an outline or sketch for something.
  • usage: "draft a speech"
  • synonyms: outline
• Engage somebody to enter the army.
  • synonyms: enlist, muster in
• Make a blueprint of.
  • synonyms: blueprint, draught

• (v.t.) To compose and write; as, to draft a memorial.
• (v.t.) To draw the outline of; to delineate.
• (a.) Pertaining to or used for, drawing or pulling (as vehicles, loads, etc.). Same as Draught.
• (v.t.) To draw from a military band or post or from any district, company or society; to detach; to select.
• (v.t.) To transfer by draft.
• (a.) Relating to or characterized by, a draft or current of air. Same as Draught.

(DoD) The conscription of qualified citizens in military service. See also active duty; Military Service.
(DoD) The depth of water that a vessel requires to float freely; the depth of a vessel from the water line to the keel. See also watercraft.

draft is a written order drawn by one party, called a drawer, that directs a second party (almost always a bank), called a drawee, to pay a sum of money to a third party, called the payee. For example, a check. Drafts are used with letters of credit. Drafts may be sight drafts, payable upon receipt, or time drafts, payable on some specified future date.

noun

• A duty that you are assigned to perform (especially in the armed forces. )
  • usage: "hazardous duty"
  • synonyms: duty assignment
• The instrument by which a claim or right or interest or property is transferred from one person to another.
• The act of distributing something to designated places or persons.
  • usage: "the first task is the assignment of an address to each datum"
  • synonyms: assigning
• Law) a transfer of property by deed of conveyance.
  • synonyms: grant
• An undertaking that you have been assigned to do (as by an instructor. )
• The act of putting a person into a non-elective position.
  • usage: "the appointment had to be approved by the whole committee"
  • synonyms: appointment, designation, naming

• (n.) The writing by which an interest is transferred.
• (n.) An allotting or an appointment to a particular person or use; or for a particular time, as of a cause or causes in court.
• (n.) The transfer of the property of a bankrupt to certain persons called assignees, in whom it is vested for the benefit of creditors.
• (n.) A transfer of title or interest by writing, as of lease, bond, note or bill of exchange; a transfer of the whole of some particular estate or interest in lands.

Transfer of any contractual agreement between two parties. One of the parties, the assignor, transfers its rights or obligations to another party, the assignee. If interests in assets of the assignor are assigned, the' assignment' transfers all or some of the rights of ownership to the assignee. If interests in obligations of the assignor are assigned, the assignor is totally or partially absolved from further performance. Lenders sometimes see leased property assigned from the original lessor to another party who then pledges them to the bank as collateral for a loan. For personal property collateral, a secured party may enter an assignment of its security interest into the public record by using a standard form called UCC-3.