different between cession vs cessionary

English

Etymology

From Middle French cession, from Latin cessionem, from past participle of c?dere (“to yield”).

Pronunciation

• (UK) IPA^(key): /?s???n/
• Homophone: session

Noun

cession (countable and uncountable, plural cessions)

1. That which is ceded.
   1. 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.

2. The giving up of rights, property etc. which one is entitled to.
   • 1817, Walter Scott, Rob Roy, X:

     ‘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.’

Translations

Anagrams

• Encisos, cosines, oscines

French

Etymology

From Latin cessi?.

Pronunciation

• IPA^(key): /s?.sj??/

Noun

cession f (plural cessions)

1. cession

Related terms

• céder

Further reading

• “cession” in Trésor de la langue française informatisé (The Digitized Treasury of the French Language).

Swedish

Noun

cession c

1. cession, bankruptcy

Declension

Synonyms

• konkurs

See also

• session

English

Etymology

From Latin cedere (“to yield”).

Noun

cessionary (plural cessionaries)

1. The person who receives transfer or cession of a personal obligation from the cedent.

Translations