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Rareretrocessions
The correct spelling is retrocessions.
How to pronounce retrocessions
noun
Say it like: Ret-ros-esz-hon-s
The correct spelling is retrocessions. The transfer of risk from one reinsurer to another.
Usage Examples
No usage examples in context are available for this word.
Definition
noun
- 1.The transfer of risk from one reinsurer to another.
- 2.The return of land, rights, etc. previously ceded.
- 3.Metastasis of an eruption or tumour from the surface to the interior of the body.
- 4.The act of retroceding; a going back.
Similar words
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