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cessionary

[sesh-uh-ner-ee] /ˈsɛʃ əˌnɛr i/
noun, plural cessionaries. Law.
1.
an assignee or grantee.
Origin
1605-1615
1605-15; < Medieval Latin cessiōnārius, equivalent to cessiōn- cession + -ārius -ary
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Based on the Random House Dictionary, © Random House, Inc. 2014.
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British Dictionary definitions for cessionary

cessionary

/ˈsɛʃənərɪ/
noun (pl) -aries
1.
(law) a person to whom something is transferred; assignee; grantee
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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