Definition and Citations:
Using a retrocession contract to defer responsibility from the retrocedant to a retrocessionaire. Refer to cede, recessionaire, and retrocedant.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
Using a retrocession contract to defer responsibility from the retrocedant to a retrocessionaire. Refer to cede, recessionaire, and retrocedant.