cession
Definitions
The formal giving up of rights, property, or territory, especially by a state.
The act of yielding or surrendering something.
Examples
The treaty involved the formal cession of territory from the defeated nation to the victors.
The company's cession of its intellectual property rights allowed the startup to pursue new ventures.
Synonyms
surrender relinquishment yielding transfer concession giving up handover
Antonyms
retention acquisition keeping holding reclamation refusal withholding