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. : an instance of retrocession
II. noun
Etymology: retro- + cession
1.
a. Scots law : the assignment by an assignee of a right to the cedent
b. : the return of a title to property to its former or its true owner : the confirmation of the original title in its true owner
2.
[French rétrocession, from Medieval Latin retrocession-, retrocessio retreat, from Late Latin, act of going back]
: the act of ceding back
a retrocession of jurisdiction over a territory
3.
a. : a process of reassigning or ceding by a reinsurer to another insurance company all or a part of the risks assumed
b. : the amount reassigned or ceded