Search results
- Dictionaryconcession/kənˈsɛʃn/
noun
- 1. a thing that is granted, especially in response to demands: "the government was unwilling to make any further concessions" Similar
- 2. a preferential allowance or rate given by an organization: "tax concessions"
Powered by Oxford Dictionaries
CONCESSION definition: 1. something that is allowed or given up, often in order to end a disagreement, or the act of…. Learn more.
The concession in concession stand denotes “a usually exclusive right to undertake and profit by a specified activity.” The phrase is first recorded in a classified ad seeking someone to work at a booth at the 1893 Chicago World’s Fair.
something that is allowed or given up, often in order to end a disagreement, or the act of allowing or giving this: Both sides involved in the conflict made some concessions in yesterday's talks. He stated firmly that no concessions will be made to the terrorists. See. concede (ADMIT) [ U ] the act of admitting defeat:
The noun concession comes in handy in negotiations — between countries, political parties, or even parents and their kids. Want a raise in your allowance? You may have to agree to do more chores as a concession before your parents will agree.
Concession definition: the act of conceding or yielding, as a right, a privilege, or a point or fact in an argument. See examples of CONCESSION used in a sentence.
noun. /kənˈseʃn/ [countable, uncountable] something that you allow or do, or allow somebody to have, in order to end an argument or to make a situation less difficult. The firm will be forced to make concessions if it wants to avoid a strike. to win a concession from somebody. a major/an important concession.
1. the act of yielding or conceding, as to a demand or argument. 2. something conceded. 3. (Commerce) Brit a reduction in the usual price of a ticket granted to a special group of customers: a student concession. 4. (Government, Politics & Diplomacy) any grant of rights, land, or property by a government, local authority, corporation, or individual
Chiefly in plural. An act of conceding, granting, or yielding, esp. in partial fulfilment of demands; an allowance, privilege, or right granted to a person or thing. Also in extended use: a gesture or token of respect granted to something in acknowledgement of its importance or influence.
concession noun (BUSINESS) a special right to use buildings or land or to sell a product in a particular area, or the place where that business takes place: The company was given a concession to develop oil fields in the north.
Concession Definition. An act or instance of conceding, granting, or yielding. A thing conceded or granted; acknowledgment, as of an argument or claim. A privilege granted by a government, company, etc. An acknowledgment or admission.
