cession

Etymology

From Middle French cession, from Latin cessionem, from past participle of cēdere (“to yield”).

Pronunciation

• (UK) IPA^(key): /ˈsɛʃən/
• Homophone: session

Noun

cession (plural cessions)

1. That which is ceded. Insurance: (part of) a risk which is transferred from one actor to another.

   The reinsurance company accepted a 25% cession from the direct insurer.

2. The giving up of rights, property etc. which one is entitled to.
   • 1817, Walter Scott, Rob Roy, X:

     ‘Rashleigh, whose occasions frequently call him elsewhere, has generously made a cession of his rights in my favour; so that I now endeavour to prosecute alone the studies in which he used formerly to be my guide.’

Anagrams

• Encisos, cosines, oscines

Noun

cession f (plural cessions)

1. cession

Noun

cession c

1. cession, bankruptcy