Pronounce Cession as K EH S S IY OW N.
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the formal surrender of state rights, property, or territory
cession, ceding(noun)the act of ceding
the usually forced yielding of one's person or possessions to the control of anotherthe cession of the southern territories was part of the peace treaty
A recession is bound to come next year.
The recession caused many businesses to close.
The world economy is in recession now.
As the recession set in, temporary employees were laid off one after another.
A business cycle is a recurring succession of periods of prosperity and periods of depression.
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