relinquish possession or control over Some militia chiefs say they will only cede command of their fighters once an organized military and security apparatus is in place. — Reuters (Jan 3, 2012)

When a company reinsures its liability with another. The original or primary insurer, the insurance company that purchases reinsurance, is the "ceding company" that "cedes [..]

1630s, from French céder or directly from Latin cedere "to yield, give place; to give up some right or property," originally "to go from, proceed, leave," from Proto-Italic *kesd-o [..]

to surrender or give up territory or another resource.

v. To pass title to.

ced·ed ced·ing 1 : to yield or grant usually by treaty 2 : assign transfer 3 : to transfer (all or part of one's liability as an insurer under an insurance policy) by reinsurance to ...

The act of purchasing reinsurance.

To transfer all or part of a risk written by an insurer to a reinsurer.

(v) give over; surrender or relinquish to the physical control of another(v) relinquish possession or control over

To transfer all or part of a risk written by an insurer (the ceding, or primary company) to a reinsurer.

The transfer of rights in a policy to another person or entity.

To transfer all of part of a risk written by an insurer (the ceding, or primary company) to a reinsurer (the assuming company).

To transfer to a reinsurer all or part of the insurance or reinsurance written by a ceding, or primary, insurer. Also means to purchase reinsurance.

To transfer risk from an insurer to a reinsurer. A ‘cession’ is a particular reinsurance transaction. Normally, this refers to the proportional insurance of a risk.

(1) The act of buying reinsurance. (2) To transfer to a reinsurer all or part of the insurance or reinsurance written by a ceding company.

To transfer liability in connection with a risk, or a portion of it, from the original insurer to a reinsurer.

(transitive) To give up, give way, give away. ''Edward decided to cede the province.''

See CESSION.

to surrender possession of.