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Cede - Law Dictionary Search Results

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cede

cede ced·ed ced·ing 1 : to yield or grant usually by treaty 2 : assign transfer 3 : to transfer (all or part of one's liability as an insurer under an insurance policy) by reinsurance to another insurer ...


cede

To yield or surrender to give up to resign as to cede a fortress a province or country to another nation by treaty...


retrocession

retrocession [French rétrocession, from Medieval Latin retrocessio retreat, from Late Latin, act of going back, from Latin retrocedere to go back] 1 : the return of title to property to its former or true owner ;specif in the civil law of Louisiana : the return to a decedent's heirs of property of the decedent that had been sold or assigned by coheirs NOTE: An heir's right to retrocession has been repealed. 2 : the act of ceding back something (as jurisdiction) 3 a : the process by which all or part of the risks assumed in an insurance contract are reassigned or ceded by a reinsurer to another insurance company b : the amount reassigned or ceded ...


cession

cession 1 : an act of ceding : a yielding (as of property) to another: as a in the civil law of Louisiana : assignment or transfer of property rights by a debtor to a creditor b : transfer of liability by an insurer to a reinsurer c : transfer of control of or sovereignty over specific property or territory esp. by treaty [such district…as may, by of particular States…become the seat of the government of the United States "U.S. Constitution art. I"] 2 : the monetary amount of liability ceded by an insurer to a reinsurer compare concession ...


Retrocession

Retrocession, a re-assignment of inheritable rights to the cedent or original assignor, Civ. Law.Means the act of ceding something back (such as a territory or jurisdiction); the return of a title or other interest in property back to its former rightful owner, Black's Law Dictionary, 7th Edn., p. 1318.Means the act of ceding something back, Black's Law Dictionary, 7th Edn., p. 1318...


reinsurance

reinsurance : insurance or indemnification by a second insurer of all or part of a risk assumed by another insurer as contracted for by the first insurer see also cede compare direct insurance, retrocession ...


Retrocede

To cede or grant back as to retrocede a territory to a former proprietor...


retention

retention 1 : the act of retaining or the state of being retained 2 : the portion of the insurance on a particular risk not reinsured or ceded by the originating insurer ...


Cessio bonorum

Cessio bonorum (a surrender of goods). By the Roman Law a cessio bonorum of the debtor was not a discharge of the debt, unless the property ceded was sufficient for that purpose. It otherwise operated only as a discharge pro tanto, and exonerated the debtor from imprisonment. Huberus informs us that in Holland a cessio bonorum does not even exempt from imprisonment unless the creditors assent; and Heineccius proclaims the same as the law of some parts of Germany. The Scottish Law conforms to the Roman code in its leading outlines, and the modern code of France adopts the same system, Story's Conflict of Laws, 492; and see 2 Br. & Had.Com. 623....


Confidential relationship

Confidential relationship, is one in which one party has ceded such a degree of trust and confidence as to require the other, on grounds of public policy, to show that it has not been betrayed or abused, Goldsworthy v. Brickell, (1987) Ch 378 (UK).Which raise the presumption are left unlimited by definition, wide open for identification on the facts and in all the circumstances of each particular case as it arises, Graig, Menecar (in re:) v. Middleton, (1971) Ch 95....


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