1. To voluntarily transfer or surrender ownership, control, or possession of assets to another party
The company agreed to cede assets to its creditors as part of the bankruptcy settlement.
A empresa concordou em ceder ativos aos seus credores como parte do acordo de falência.
2. To give up or relinquish financial or material resources, typically in a negotiated agreement
The losing nation had to cede assets to the victor under the treaty terms.
A nação perdedora teve de ceder ativos ao vencedor sob os termos do tratado.