cession

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

• (UK) IPA^(key): /ˈsɛʃən/

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• Rhymes: -ɛʃən
• Homophone: session

cession (countable and uncountable, plural cessions)

1. That which is ceded.
   1. A risk, or part of one, 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 December 31 (indicated as 1818), [Walter Scott], chapter X, in Rob Roy. […], volume I, Edinburgh: […] James Ballantyne and Co. for Archibald Constable and Co. […]; London: Longman, Hurst, Rees, Orme, and Brown, →OCLC, page 228:

     […] 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.

• Encisos, Inscoes, cosines, oscines

From Latin cessiōnem.

• IPA^(key): /sɛ.sjɔ̃/, /se.sjɔ̃/

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cession f (plural cessions)

1. cession

• céder

• “cession”, in Trésor de la langue française informatisé [Digitized Treasury of the French Language], 2012.

cession c

1. cession, bankruptcy

• konkurs

• session