Definition of Cessionary. Meaning of Cessionary. Synonyms of Cessionary

Here you will find one or more explanations in English for the word Cessionary. Also in the bottom left of the page several parts of wikipedia pages related to the word Cessionary and, of course, Cessionary synonyms and on the right images related to the word Cessionary.

Definition of Cessionary

Cessionary
Cessionary 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.

Meaning of Cessionary from wikipedia

- transferred, the cessionary is entirely substituted. The original creditor (cedent) loses his right to claim and the new creditor (cessionary) gains that right...
- Parties: cedens 'cedent' (= ****ignor) cessionarius 'cessionary, cessionee' (= ****ignee) debitor cessus 'third-party obligor' Types: cessio in anti****ndo...
- the cessionary is achieved. The transfer is accomplished by means of a transfer agreement (oordragsooreenkoms) between the cedent and the cessionary arising...
- confer upon the cessionary any greater right than the cessionary has himself. The whole claim is transferred to the estate of the cessionary, together with...
- Brooks was in unlawful occupation thereof. Brooks alleged that she was the cessionary of a lease which had been entered into between Hitzeroth's late husband...
- determined that the purpose of the cession was to provide the bank, as cessionary, with continuing security for allowing Bryant, as cedent, access to its...
- lessee, or by the lessee and the sub-lessee, or by the cedent and the cessionary, as the case may be, and shall be attested by a notary public—provided...
- mentioned by Voet. Such a procurator was, in Voet's time, no more than a cessionary, and, of course, the cedent lacked the power to revoke the cession unilaterally...