Meaning of the word cession in English

What does cession mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

cession

US /ˈseʃ.ən/
UK /ˈseʃ.ən/

Noun

the formal giving up of rights, property, or territory by one state or ruler to another

Example:
The treaty involved the cession of territory to the neighboring country.
The cession of the island was a controversial decision.