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FINDLAW LEGAL DICTIONARY

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Cede

cede vt

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



Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.