A person to whom an assignment is made. Allen v. Pancoast, 20 N. J. Law, 74; Ely v. Cora'rs, 49 Mich. 17. 12 N. W. 893, 13 N. W. 784. The term is commonly used in reference to personal property; but it is not incorrect, in some cases, to apply it to realty, e. g., “assignee of the reversion.”
Source: Black's Law Dictionary 2nd Ed (1910)