释义 |
ret·ro·ces·sion I. \-ˈseshən\ noun (-s) Etymology: Late Latin retrocession-, retrocessio, from Latin retrocessus (past participle of retrocedere to go back, go backward) + -ion-, -io -ion 1. : the act or process of retroceding : recession 2. : an instance of retrocession II. noun Etymology: retro- + cession 1. a. Scots law : the assignment by an assignee of a right to the cedent b. : the return of a title to property to its former or its true owner : the confirmation of the original title in its true owner 2. [French rétrocession, from Medieval Latin retrocession-, retrocessio retreat, from Late Latin, act of going back] : the act of ceding back < a retrocession of jurisdiction over a territory > 3. a. : a process of reassigning or ceding by a reinsurer to another insurance company all or a part of the risks assumed b. : the amount reassigned or ceded |