cession
Collocations
4ADJ.
accepted, direct
VERB + CESSION
made
PREP.
from
ADV.
generously
Definitions
noun
That which is ceded.
That which is ceded.
The reinsurance company accepted a 25% cession from the direct insurer.
The giving up of rights, property etc. which one is entitled to.
[…] 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.
Thesaurus
Synonyms
noun — the act of ceding
- ceding
Antonyms
Idioms & Phrases
Example Bank
2The reinsurance company accepted a 25% cession from the direct insurer.
Wiktionary[…] 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
Wiktionary