cession

n.

（领土的）割让，（财产的）转让；

1. Third-party states have no title to object cession.
   第三国无权反对割让。
2. The cession of the territory could not be avoided because they lost the war.
   因为他们输了这场战争，割让领土是无法避免的。
3. The secondary market with direct cession cannot be efficient.
   直接转让二级市场，效率是不高的。

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