What does cession mean in English?
A cession is a transfer of property to another party. If you cede property, it means giving up ownership of it. For example, if you own a piece of land and you sell it, you cede that property to the buyer. Likewise, if you have a family business that you want to pass down to your children, you can cede it to them by transferring the assets and operations to them.
What does the word cession mean in Spanish?
cession is the act of giving up or transferring property. In its most common legal use, cession refers to transferring ownership of a piece of property from one person or entity to another. Cession is usually a way for a government to give up control of a piece of property.
What does the word cession mean in English?
When one independent state gives up some of its territory to another, this is known as a cession. The word cession comes from the Latin word cedere, meaning to give up, lose or transfer.
What does the word cession mean in British English?
Cession means transfer of property, either with or without compensation. If you cede (transfer) something to someone, you legally give them the property, or a portion of it. For example, you might cede to your spouse the right to live in the house or apartment you own together. If you cede to a municipality, you could transfer the deed to your property to your town or city. Cession is the same as transfer of property or interest. The
What does the word cession mean in American English?
The word cession is a short form of the Latin term cedere, meaning to transfer or give up. In a legal context, cession refers to the transfer of property from one party to another. Cession is often used in real estate transactions when a property is given up in exchange for something else of equal value.