Definition of “cede” - English Dictionary

“cede” in American English

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cedeverb [ T ]

us /sid/ fml

to give control or possession of something, esp. land to someone else, often unwillingly or because forced to do so:

New Orleans was ceded to Spain in 1763.

(Definition of “cede” from the Cambridge Academic Content Dictionary © Cambridge University Press)

“cede” in Business English

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cedeverb [ T ]

uk /siːd/ us formal

to give something such as control, power, or a right to someone else, especially unwillingly:

She says that she is finally learning to delegate, though she's still reluctant to cede control.
cede sth to sb The United States has already ceded its dominance of mass production manufacturing to low-wage countries.

(Definition of “cede” from the Cambridge Business English Dictionary © Cambridge University Press)