cession

English - Turkish

Definition of cession in English Turkish dictionary

feragat

(Kanun) sesyon

bırakma

(mal/hak vs.) feragat

{i} devir

{i} çekilme

{i} terk

{i} vazgeçme

{i} devretme

(Kanun) terketme

Related Terms

cession of portfolio

portföy devri

cession of goods

(Kanun) alacaklılara mal terki

cession of territory

(Kanun) arazi terki

deed of cession

(Ticaret) vazgeçme belgesi

English - English

Definition of cession in English English dictionary

The transfer of a personal claim from a cedent to a cessionary

That which is ceded. Insurance: (part of) a risk which is transferred from one actor to another

The reinsurance company accepted a 25% cession from the direct insurer.

surrender, as of possessions or rights

{n} a giving way, yielding up, resignation

Amount of the insurance ceded to a reinsurer by the original insuring company in a reinsurance operation

{i} concession, capitulation, yielding of territory or property

The giving up or vacating a benefice by accepting another without a proper dispensation

The voluntary surrender of a person's effects to his creditors to avoid imprisonment

This is a customer's policy that is ceded to the bank Standard Bank would hold the cession, while Charter or Liberty Life would retain the policy document

The unit of insurance passed to the reinsurer by the ceding company The unity (cession) may accordingly be the whole or a portion of: a) single risks; b) defined type or class of policies; or c) defined divisions of a policy as agreed

A yielding to physical force

In insurance, the act of yielding property or right under a reinsurance agreement An amount ceded as reinsurance (See also: reinsurance )

(1) In reinsurance, the act of ceding (2) In reinsurance, a parcel or unit of insurance that a company cedes to a reinsurer

A yielding, or surrender, as of property or rights, to another person; the act of ceding

the act of giving up land, property, or rights, especially to another country after a war, or something that is given up in this way cede (cessio, from cedere; CEDE)

Concession; compliance

The amount of insurance risk transferred to the reinsurer by the ceding company

(From Latin cessio from cessare: "to yield ") The transfer of territory from one state to another by treaty

act of ceding (surrendering) to another, as in: The treaty included cession of all captured territories

the act of ceding

The portion of insurance that is ceded to a reinsurer

Related Terms

cession of right

giving up of a just claim

cessions

plural of cession

Hyphenation

ces·sion

Etymology

() Latin cedere meaning to yield.