retrocession

retrocession
a) The transfer of risk from one reinsurer to another.
b) The return of land, etc. that was previously ceded.

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  • rétrocession — [ retrosesjɔ̃ ] n. f. • 1640; « marche en arrière » 1550; lat. médiév. retrocessio « recul » 1 ♦ Action de rétrocéder; cession faite à qqn de ce qu on tient de lui. Par ext. Action de revendre à un tiers ce qu on vient d acheter. 2 ♦ (1845) Méd.… …   Encyclopédie Universelle

  • Retrocession — may refer to: *the transfer of risk from a reinsurer to another reinsurer *the return of something (e.g., land) that was ceded in general or, specifically: **District of Columbia retrocession, the retrocession to Virginia and, potentially, to… …   Wikipedia

  • retrocession — ret·ro·ces·sion / re trə ˌse shən/ n [French rétrocession, from Medieval Latin retrocessio retreat, from Late Latin, act of going back, from Latin retrocedere to go back] 1: the return of title to property to its former or true owner; specif in… …   Law dictionary

  • retrocession — Retrocession. s. f. Acte par lequel on retrocede. Faire retrocession d une dette …   Dictionnaire de l'Académie française

  • Retrocession — Re tro*ces sion, n. [Cf. F. r[ e]trocession. See {Retrocede}.] 1. The act of retroceding. [1913 Webster] 2. The state of being retroceded, or granted back. [1913 Webster] 3. (Med.) Metastasis of an eruption or a tumor from the surface to the… …   The Collaborative International Dictionary of English

  • retrocession — 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 …   Useful english dictionary

  • Retrocession — 1. The practice of one reinsurance company essentially insuring another reinsurance company by accepting business that the other company had agreed to underwrite. 2. The voluntary act of returning ceded property from one group to another.… …   Investment dictionary

  • rétrocession — (ré tro sè sion ; en vers, de cinq syllabes) s. f. 1°   Terme de jurisprudence. Acte par lequel on rétrocède. •   La rétrocession du privilége exclusif du commerce de Saint Domingue, RAYNAL Hist. phil. IV, 26. 2°   Terme de médecine. Action de se …   Dictionnaire de la Langue Française d'Émile Littré

  • RÉTROCESSION — s. f. T. de Jurispr. Acte par lequel on rétrocède. Faire rétrocession d une créance …   Dictionnaire de l'Academie Francaise, 7eme edition (1835)

  • RÉTROCESSION — n. f. T. de Jurisprudence Acte par lequel on rétrocède. Faire rétrocession d’une créance …   Dictionnaire de l'Academie Francaise, 8eme edition (1935)

  • retrocession — 1. A going back; a relapse. 2. Cessation of the external symptoms of a disease followed by signs of involvement of some internal organ or part. 3. Denoting a position of the uterus or other organ farther back than is …   Medical dictionary

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