Assignment of Rights
Type: noun
Pronunciation: /uh-sine-ment of rights/
Also spelled or known as: Rights Assignment, Transfer of Rights
Plural: Assignments of Rights
Related: Copyright Transfer
What does Assignment of Rights mean? The transfer of ownership rights from one party to another.
An Assignment of Rights is a legal agreement in which a copyright owner transfers some or all ownership rights to another person or organization.
In music, assignments commonly occur between songwriters, publishers, record labels, producers, and investors.
Once assigned, the receiving party may gain control over licensing, royalty collection, enforcement, or other ownership rights depending on the agreement.
Assignment of Rights synonyms: Rights Assignment, Rights Transfer, Copyright Assignment
Example sentence: “The songwriter signed an assignment of rights agreement with the publisher.”