/sɛʃəˌnɛri ˈbæŋkrəpt/ – Phrase
Definition: người phá sản giao lại tài sản để chia cho các chủ nợ.
A more thorough explanation: A cessionary bankrupt refers to an individual or entity who has been declared bankrupt by a court and has assigned or transferred their assets to a cessionary, who is responsible for managing and distributing those assets to creditors in accordance with bankruptcy laws and procedures.
Example: The cessionary bankrupt filed a petition for bankruptcy, seeking protection from creditors.