cession
About 0.67 uses per million words.
Meaning
- noun That which is ceded. 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.
- noun 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.
- noun The giving up of rights, property etc. which one is entitled to.
Similar words
ceding surrender disposition relinquishment renunciation assignment disposal sale transfer divestiture
Often followed by
of to was by and or in from is
Word family
cessions
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