Cession vs Transfer - What's the difference?
cession | transfer |
That which is ceded. Insurance: (part of) a risk which is transferred from one actor to another.
The giving up of rights, property etc. which one is entitled to.
* 1817 , (Walter Scott), Rob Roy , X:
To move or pass from one place, person or thing to another.
To convey the impression of (something) from one surface to another.
To be or become transferred.
(legal) To arrange for something to belong to or be officially controlled by somebody else.
(uncountable) The act of conveying or removing something from one place, person or thing to another.
(countable) An instance of conveying or removing from one place, person or thing to another; a transferal.
* {{quote-magazine, title=An internet of airborne things, date=2012-12-01, volume=405, issue=8813, page=3 (Technology Quarterly), magazine=
, passage=A farmer could place an order for a new tractor part by text message and pay for it by mobile money-transfer . A supplier many miles away would then take the part to the local matternet station for airborne dispatch via drone.}}
(countable) A design conveyed by contact from one surface to another; a heat transfer.
A soldier removed from one troop, or body of troops, and placed in another.
(medicine) A pathological process by which a unilateral morbid condition on being abolished on one side of the body makes its appearance in the corresponding region upon the other side.
As nouns the difference between cession and transfer
is that cession is that which is ceded insurance: (part of) a risk which is transferred from one actor to another while transfer is transfer.cession
English
Noun
(en noun)- The reinsurance company accepted a 25% cession from the direct insurer.
- ‘Rashleigh, whose occasions frequently call him elsewhere, has generously made a cession of his rights in my favour; so that I now endeavour to prosecute alone the studies in which he used formerly to be my guide.’
Anagrams
* ----transfer
English
(wikipedia transfer)Verb
(transferr)- to transfer''' the laws of one country to another; to '''transfer suspicion
- to transfer drawings or engravings to a lithographic stone
- The title to land is transferred by deed.
Synonyms
* carry over, move, onpass * (convey impression of from one surface to another) copy, transpose * (to be or become transferred)Derived terms
* transferee * transferorNoun
citation