Revision 1 (11/19/2020): Assignee's FRN is now indicated on the assignment application instead of the Consummation Notice.
In the context of smaller noncommercial educational (NCE) broadcast stations, including Low Power FM (LPFM), an “assignment” is a transaction where the license is changed (assigned) to another nonprofit entity. A “transfer” is a transaction where the license remains where the license remains with the same entity, but there is a significant change in the persons that control the licensee organization.