ASSIGNATS

form of paper money current in France (1789-96); so called because originally they represented the price of land a igned to the holders. The National A embly confiscated Church land and offered it for sale to municipalities, payment being accepted in paper notes. The rapid extension of the system made in time the value of the a ignats nil, Superseded by mandats in 1796. and a ignation to rents, clauses in Scot.