this post was submitted on 07 Aug 2026
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Cute Russian comic. The home of the official English version is here if anyone wants to skip ahead (or support them): https://boosty.to/gabiconomics-en

Cessie - usually referred to as Assignment of claim - is the transfer of the right to demand performance under a contract from one person to another. In other words, it is a transfer of a creditor’s rights to a new creditor. Assignor (cedent), usually a creditor, transfers its right to claim something from a debtor (cessus) to a third party, assignee (cessionary)

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