cession
(noun)
noun
1. the act of ceding
Similar word(s): ceding
Definition categories: act, relinquishing, relinquishment
Sentences with cession as a noun:
- The reinsurance company accepted a 25% cession from the direct insurer.
(noun)
1. the act of ceding
Similar word(s): ceding
Definition categories: act, relinquishing, relinquishment
- The reinsurance company accepted a 25% cession from the direct insurer.