Cession
//ˈsɛʃən// noun
noun ·Moderate ·College level
Definitions
Noun
- 1 That which is ceded. countable, uncountable
- 2 the act of ceding wordnet
- 3 That which is ceded.; A risk, or part of one, which is transferred from one actor to another. countable, uncountable
"The reinsurance company accepted a 25% cession from the direct insurer."
- 4 The giving up of rights, property etc. which one is entitled to. countable, uncountable
"[…] 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."
Example
More examples"The reinsurance company accepted a 25% cession from the direct insurer."
Etymology
From Middle French cession, from Latin cessionem, from past participle of cēdere (“to yield”). By surface analysis, cede + -sion.
More for "cession"
Data sourced from Wiktionary, WordNet, CMU, and other open linguistic databases. Updated March 2026.