What does cession in French mean?

What is the meaning of the word cession in French? The article explains the full meaning, pronunciation along with bilingual examples and instructions on how to use cession in French.

The word cession in French means transfer, property sales, asset sales, wage assignment. To learn more, please see the details below.

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Meaning of the word cession

transfer

nom féminin (abandon de propriété, vente)

(noun: Refers to person, place, thing, quality, etc.)
La cession de cette usine a rapporté gros à cette entreprise.
The transfer of this factory has paid off for this company.

property sales

nom féminin (vente de biens immobiliers)

(plural noun: Noun always used in plural form--for example, "jeans," "scissors.")
Il a réalisé des plus-values sur la cession de valeurs immobilières.

asset sales

nom féminin (transfert de patrimoine)

(plural noun: Noun always used in plural form--for example, "jeans," "scissors.")

wage assignment

nom féminin (moyen de paiement garanti) (finance)

(noun: Refers to person, place, thing, quality, etc.)

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French (le français) is a Romance language. Like Italian, Portuguese, and Spanish, it comes from popular Latin, once used in the Roman Empire. A French-speaking person or country can be called a "Francophone". French is the official language in 29 countries. French is the fourth most spoken native language in the European Union. French ranks third in the EU, after English and German, and is the second most widely taught language after English. The majority of the world's French-speaking population lives in Africa, with about 141 million Africans from 34 countries and territories who can speak French as a first or second language. French is the second most widely spoken language in Canada, after English, and both are official languages at the federal level. It is the first language of 9.5 million people or 29% and the second language of 2.07 million people or 6% of the entire population of Canada. In contrast to other continents, French has no popularity in Asia. Currently, no country in Asia recognizes French as an official language.