Simple English definitions for legal terms
Read a random definition: evasion of tax
Term: CESSIO
Definition: Cessio means giving up or transferring something to someone else. It is like saying "I don't want this anymore, you can have it."
CESSIO
Cessio is a Latin word that means "cession" or "assignment". It refers to the act of giving up or transferring something to someone else.
These examples illustrate how cessio involves giving up or transferring something to someone else. In the first example, the debtor is giving up their property to the creditor to pay off their debt. In the second example, the company is transferring ownership of the patent to another company.