Usually means: Transferee to whom rights assigned.
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We found 15 dictionaries that define the word cessionary:

General (15 matching dictionaries)
  1. cessionary: Merriam-Webster
  2. cessionary: Collins English Dictionary
  3. cessionary: Wordnik
  4. cessionary: Wiktionary
  5. cessionary: Webster's New World College Dictionary, 4th Ed.
  6. cessionary: Infoplease Dictionary
  7. Cessionary, cessionary: Dictionary.com
  8. Cessionary: Wikipedia, the Free Encyclopedia
  9. Cessionary: Online Plain Text English Dictionary
  10. cessionary: Webster's Revised Unabridged, 1913 Edition
  11. Cessionary: AllWords.com Multi-Lingual Dictionary
  12. cessionary: Webster's 1828 Dictionary
  13. cessionary: FreeDictionary.org
  14. cessionary: The Phrontistery - A Dictionary of Obscure Words
  15. cessionary: TheFreeDictionary.com

Definitions from Wiktionary (cessionary)

noun:  The person who receives transfer or cession of a personal obligation from the cedent.

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