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Definition of Cesionary

Ces"sion*a*ry (?), a. [LL. cessionarius, from cessionare to cede, fr. L. cessio: cf. F. cessionnaire. See Cession.] Having surrendered the effects; as, a cessionary bankrupt. Martin.

- Webster's Unabridged Dictionary (1913)

  • The person who receives transfer or cession of a personal obligation from the cedent.
- The Nuttall Encyclopedia

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