What is another word for retro-cessions?
Pronunciation: [ɹˌɛtɹə͡ʊsˈɛʃənz] (IPA) 
Retro-cessions are a term often used in the world of finance and insurance that refer to the return of previously paid commissions to clients. Synonyms for this term include refunds, reimbursements, rebates, and repayments. These words all imply the act of returning money that was previously paid out. Other synonyms that can be used interchangeably with retro-cessions include restitution, compensation, and restitution. These words suggest that something previously taken away or paid out is being returned or restored. Whatever term is used, the implication is that the party receiving the retro-cessions is entitled to receive some form of repayment or refund of a previously paid commission.
