cessionaryn.

/ˈsɛʃənəri/

Etymology: < medieval Latin cessionārius, < Latin cessio (bonorum ) yielding up of goods: see -ary suffix¹.

†1. A bankrupt who makes cessio bonorum. Obsolete.

ΘΚΠ

society > trade and finance > management of money > insolvency > [noun] > bankruptcy > one who is bankrupt > types of

cessionary1611

fraudulent1796

1611 R. Cotgrave Dict. French & Eng. Tongues Cessionnaire, a cessionarie; one that abandons, or giues vp his goods..who though hee looseth his credit thereby, yet is hee not held so base as a bankrupt.

1632 R. Sherwood Dict. in R. Cotgrave Dict. French & Eng. Tongues (new ed.) A cessionarie Bankerout, which renounceth his goods in open court, cessionaire. [Similarly in Bailey, Johnson, and mod. Dicts. as adj.]

1694 P. Falle Acct. Isle of Jersey iv. 111 The last Creditor is asked whether he will substitute, or put himself in the place of the Cessionary.

2. One to whom an assignment has been legally made; an assignee.

ΘΚΠ

society > law > transfer of property > types of transfer > [noun] > voluntary transfer of effects to creditor > one to whom

cessioner1491

cessionary1764

cessionaire1881

1764 J. Erskine Princ. Law Scotl. (ed. 3) iii. v. 324 He who grants the assignation, is called the cedent, and he who receives it, the assigney or cessionary.

1818 H. T. Colebrooke Treat. Obligations & Contracts 210 The right passes..from the cedent to the cessionary.

1880 J. Muirhead tr. Gaius Institutes ii. 84 The cessionary becomes heir just as if the inheritance had devolved upon him by operation of law.

This entry has not yet been fully updated (first published 1889; most recently modified version published online June 2021).

单词	cessionary
释义	cessionaryn. /ˈsɛʃənəri/ Etymology: < medieval Latin cessionārius, < Latin cessio (bonorum ) yielding up of goods: see -ary suffix¹. †1. A bankrupt who makes cessio bonorum. Obsolete. ΘΚΠ society > trade and finance > management of money > insolvency > [noun] > bankruptcy > one who is bankrupt > types of cessionary1611 fraudulent1796 1611 R. Cotgrave Dict. French & Eng. Tongues Cessionnaire, a cessionarie; one that abandons, or giues vp his goods..who though hee looseth his credit thereby, yet is hee not held so base as a bankrupt. 1632 R. Sherwood Dict. in R. Cotgrave Dict. French & Eng. Tongues (new ed.) A cessionarie Bankerout, which renounceth his goods in open court, cessionaire. [Similarly in Bailey, Johnson, and mod. Dicts. as adj.] 1694 P. Falle Acct. Isle of Jersey iv. 111 The last Creditor is asked whether he will substitute, or put himself in the place of the Cessionary. 2. One to whom an assignment has been legally made; an assignee. ΘΚΠ society > law > transfer of property > types of transfer > [noun] > voluntary transfer of effects to creditor > one to whom cessioner1491 cessionary1764 cessionaire1881 1764 J. Erskine Princ. Law Scotl. (ed. 3) iii. v. 324 He who grants the assignation, is called the cedent, and he who receives it, the assigney or cessionary. 1818 H. T. Colebrooke Treat. Obligations & Contracts 210 The right passes..from the cedent to the cessionary. 1880 J. Muirhead tr. Gaius Institutes ii. 84 The cessionary becomes heir just as if the inheritance had devolved upon him by operation of law. This entry has not yet been fully updated (first published 1889; most recently modified version published online June 2021). < n.1611
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