- cessionary bankrupt
- An assignor for the benefit of his creditors.
Ballentine's law dictionary. Anderson, W.S.. 1998.
Ballentine's law dictionary. Anderson, W.S.. 1998.
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. [1913 Webster] … The Collaborative International Dictionary of English