Assignor Definition.

The Assignor is the person who assigns, or transfers, their interest in a property to another person. The Assignee is the person who receives the interest in the property. How does a real estate assignment work? In a real estate assignment, the original purchaser (known as the “assignor”) transfers their purchase contract to a new … Read more

Why Step Costs Matter.

As businesses strive to improve efficiency and remain competitive, it is important to understand and track the cost of each individual business process. This information can then be used to identify areas where costs can be reduced. One way to track the cost of a process is to calculate the “step cost” of each individual … Read more