Outrageously Funny Word Dictionary :: Cessionee

👉 The term "cessation" is often used in legal or business contexts to describe a person who has voluntarily agreed to give up their property, rights, or status for another party. This could refer to someone who has given up ownership of land, shares, or any other kind of interest in a company or organization. In the context of cession, it is important to note that this term is often used in conjunction with the phrase "covenant" and refers to an agreement between two parties where

cessionee