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retrocede
(redirected from retrocedes)

   Also found in: Legal 0.01 sec.
ret·ro·cede  (rtr-sd)
v. ret·ro·ced·ed, ret·ro·ced·ing, ret·ro·cedes
v.intr.
To go back; recede.
v.tr.
To cede or give back (a territory, for example); return.

[Latin retrcdere : retr-, retro- + cdere, to go; see ked- in Indo-European roots.]

retro·cession (-sshn) n.

retrocede [ˌrɛtrəʊˈsiːd]
vb
1. (tr) to give back; return
2. (intr) to go back or retire; recede
retrocession  [ˌrɛtrəʊˈsɛʃən], retrocedence n
retrocessive , retrocedent adj


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The company cedes 100% of its direct written premium to its parent, which then retrocedes back to the company 55% of the automobile business and 100% of all other lines except workers' compensation and umbrella coverage.
 
 
 
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