Abtretung · assignment of a claim

An assignment transfers a claim from the current creditor to a third party, without the debtor's consent. It is central to financing, receivables portfolios and security arrangements.

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The term in four languages

German
Abtretung
French
cession de créance
Italian
cessione del credito
English
assignment of a claim

Definition

The assignment of a claim is the act by which a creditor transfers their claim to a third party. The debtor's consent is not required, unless the assignment is forbidden by law or contract or prevented by the nature of the legal relationship. Under the Code of Obligations, an assignment is valid only if done in writing. Until the assignment is brought to the debtor's attention, the debtor is validly released by paying the former creditor in good faith.

Law of obligationsArt. 164 CO

Swiss federal acts are published in German, French and Italian, and all three versions are equally authoritative. The English term shown here comes from the Federal Administration's English translation, published on Fedlex for information only. Where there is no translation, it follows common usage.

Full glossary

The term in an official text

Source: Fedlex, Code of Obligations. In Corrext, this segment and the ones around it appear in Fast lookup CHnell, each with its reference.

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