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cession

ces·sion [ sésh'n ] (plural ces·sions)


noun 
Definition:
 
1. giving up or yielding: the ceding or giving up of something, or something ceded in this way, especially land, property, or a right

2. something given up: something ceded or given up, especially land, property, or a right

[14th century. Directly or via French< Latin cession-< cess-, past participle of cedere "yield"]
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