assignee

n. receiver of property

An assignment is a term used with similar meanings in the law of contracts and in the law of real estate. In both instances, it encompasses the transfer of rights held by one party - the assignor - to another party - the assignee. The legal nature of the assignment determines some additional rights and liabilities that accompany the act.
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Noun
1. (law) the party to whom something is assigned (e.g., someone to whom a right or property is legally transferred)
(hypernym) party
(derivation) assign
(classification) law, jurisprudence

v. assign, apportion, allot; earmark; summon someone to appear

(v.)
In England, the persons appointed, under a commission of bankruptcy, to manage the estate of a bankrupt for the benefit of his creditors.
  

(v.)
A person to whom an assignment is made; a person appointed or deputed by another to do some act, perform some business, or enjoy some right, privilege, or property; as, an assignee of a bankrupt. See Assignment (c). An assignee may be by special appointment or deed, or be created by jaw; as an executor.