cessionário

A cessionário is a legal term that refers to a person or entity to whom a right or asset is transferred. In contractual agreements, this transfer is known as a cession. The cessionário essentially steps into the shoes of the original holder of the right or asset, acquiring all the benefits and responsibilities associated with it. This concept is commonly encountered in areas such as debt collection, intellectual property, and the sale of financial instruments.

When a debt is ceded, for instance, the original creditor (cedent) transfers the right to collect the debt to a cessionário. The cessionário then becomes the new creditor and has the legal authority to pursue the debtor for payment. Similarly, in intellectual property, a patent or copyright can be ceded to another party, granting the cessionário the right to use, license, or sell the intellectual property. The specific terms and conditions of the cession are typically outlined in a cession agreement, which dictates the scope of the transferred rights and any associated obligations. The cessionário must ensure they understand these terms to properly exercise their newly acquired rights.