retrocede 1
— retrocedence , n. — retrocessive /re'tre ses"iv/ , adj.
/re'treuh seed"/ , v.i. , retroceded, retroceding .
to go back; recede; retire.
[ 1645-55; retrocedere to go back, retire, equiv. to retro- RETRO- + cedere to go, move; see CEDE ]
retrocede 2
— retrocedence, retrocession /re'treuh sesh"euhn/ , n.
/re'treuh seed"/ , v.t., retroceded, retroceding .
1. to cede back: to retrocede a territory.
2. Insurance. (of a reinsurance company) to cede (all or part of a reinsured risk) to another reinsurance company.
[ 1810-20; RETRO- + CEDE ]