Retrocession
Definition, Meaning & Examples
Part of speech noun
Quick meaning: Retrocession is a noun meaning The transfer of risk from one reinsurer to another.
Meaning
The transfer of risk from one reinsurer to another.
More Meanings
- (law) The return of land, rights, etc. previously ceded.
- Metastasis of an eruption or tumour from the surface to the interior of the body.
- The act of retroceding; a going back.
Example Sentences
For example, suppose the Moon to be placed in 10° of any sign: suppose Saturn to pass over that spot and attain to the 15th degree of the same sign, and there become stationary; that his retrocession carries him back to the 8th degree, […]
Word Forms
- retrocessions
Related Words
Related dictionary entries include restitution, handover, recovery, restoration, return, rollback.
Related Dictionary Tools
Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
Dictionary data is provided by FreeDictionaryAPI.com and sourced from Wiktionary under its stated license.