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Cession

//ˈsɛʃən// noun

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."

From Middle French cession, from Latin cessionem, from past participle of cēdere (“to yield”). By surface analysis, cede + -sion.

Unscramble this word: cession