There are multiple definitions - click on the translation that matches your context.
Schuldübernahme means:
Substantiv
partial
noun
Since some of these German delegations can result in the obligor's complete discharge (befreihende Schuldübernahme), the two concepts do not quite line up completely. However, in those cases in which the original obilgor remains secondarily liable under the contract (kumulative Schuldübernahme), the concepts are very similar.
for one person to give one or more of their jobs, tasks, or duties etc to another person to do
Among the most important lessons he has learnt during his business career is the delegation of duties.
the process of a party to a contract arranging for another person to carry out their obligations under the contract
No delegation of the Board's duties may be made to the Company's officers.