Difference between Cession and Ceding
What is the difference between Cession and Ceding?
Cession as a noun is that which is ceded. insurance: (part of) a risk which is transferred from one actor to another. while Ceding as a verb is to give up; yield to another.
Cession
Part of speech: noun
Definition: That which is ceded. Insurance: (part of) a risk which is transferred from one actor to another.
The transfer of a personal claim from a cedent to a cessionary.
Ceding
Part of speech: verb
Definition: To give up; yield to another.
We hope you now know whether to use Cession or Ceding in your sentence.
