vozabi.

English words, with meanings in Nepali. नेपाली

ENGLISH → NEPALI

cession

/ˈsɛʃən/noun
01
noun

एक जोखिम, वा त्यसको एक भाग, जो एक पक्षबाट अर्कोलाई हस्तान्तरण हुन्छ

A risk, or part of one, which is transferred from one actor to another.

In a sentence

The reinsurance company accepted a 25% cession from the direct insurer.

पुनर्बीमा कम्पनीले प्रत्यक्ष बीमकबाट २५% हस्तान्तरण स्वीकार गरे।

A note on usage

countable; uncountable