What does attornment mean?
Attornment refers to the act of transferring one's rights or duties to another party, often in a formal agreement or contract. This can involve a transfer of ownership, a delegation of authority, or a conveyance of rights. The term is commonly used in law and business, but can also be applied in more general contexts. Attornment is a formal and technical term, often used in writing, but can also be used in spoken language. It is an important concept in understanding the transfer of rights and duties, and is often used in situations where a formal agreement is necessary. The use of attornment can have significant implications, particularly in business and law, where the transfer of rights and duties can have far-reaching consequences.
nounThe act of attorning, or the state of being attorned; a formal agreement or contract in which one party transfers their rights or duties to another.
- The act of attorning, or the state of being attorned; a formal agreement or contract in which one party transfers their rights or duties to another.
"The company's attornment to the new management team was a crucial step in the restructuring process."
"The company's attornment to the new management team was a crucial step in the restructuring process."
"The employee's attornment to the new job requirements was a necessary step in her career advancement."
The plural form 'attornments' is used to describe multiple instances of attornment, such as a series of contracts or agreements.
"The company's attornments to the new management team were a crucial step in the restructuring process."
Reviewed by Deb Chak, Editor. AI-assisted content curated by RJS Tech Solutions LLP.
Etymology of attornment
The word 'attornment' is derived from the verb 'attorn', which means to transfer or delegate one's rights or duties. This verb is itself derived from the Latin 'tornare', meaning to turn or transfer. The term 'attornment' has been in use since the 15th century, and has been influenced by the development of law and business in Europe.
How attornment is actually used
Attornment is a formal term used in law and business, particularly in the context of contracts and agreements. It is often used in formal or technical writing, but can also be used in more general contexts to describe a transfer of rights or duties.