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Concession
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Meaning
Noun
●
The
act
of conceding.
●
An
act
of conceding
A
compromise
: a
partial
yielding
to
demands
or requests.
Land
granted
by an
authority
for some specific purpose;A
portion
of a
township
, especially
equal
lots
once
granted
to
settlers
in Canada.
Land
granted
by an
authority
for some specific purpose;A territory—usually an
enclave
in
a major
port—yielded to the
administration
of a
foreign
power.
A
privilege
granted
by an
authority
, especially to
conduct
business on
favorable
terms within certain
conditions
and particularly:;A right to use
land
or an
offshore
area for a specific
purpose
, such as
oil
exploration.
Any
admission
of the
validity
or
rightness
of a point; an
instance
of this.
●
In Canadian English:
An
act
of conceding
Land
granted
by an
authority
for some specific purpose
A
concession road
: a
narrow
road
between
tracts
of
farmland
, especially in Ontario, from their
origin
during the
granting
of
concession
s (see above).
●
In American English:
An
act
of conceding
Land
granted
by an
authority
for some specific purpose
The
premises
granted
to a business as a
concession
(see below)
A
privilege
granted
by an
authority
, especially to
conduct
business on
favorable
terms within certain
conditions
and particularly:;A right to
operate
a quasi-independent
franchise
of a
larger
company.
A
privilege
granted
by an
authority
, especially to
conduct
business on
favorable
terms within certain
conditions
and particularly:;A right to
operate
a quasi-independent business within another's
premises
,
as with
concession
stands.
An
admission
of
defeat
following
an election.
●
In Colonialism:
An
act
of conceding
A
privilege
granted
by an
authority
, especially to
conduct
business on
favorable
terms within certain
conditions
and particularly:
A
preferential
tax
rate.
●
In British English:
An
act
of conceding
A
privilege
granted
by an
authority
, especially to
conduct
business on
favorable
terms within certain
conditions
and particularly:
A
discounted
price
offered
to certain
classes
of people, such as students or the elderly.
●
In Rhetoric:
An
act
of conceding
An
admission
of the
validity
of an opponent's point in order to
build
an
argument
upon it or to
move on
to another of
greater
importance
; an
instance
of this.
●
A
gift
freely
given or
act
freely
made as a
token
of
respect
or to
curry
favor.
●
In American English:
A
franchise
: a business
operated
as a
concession
(see above).
●
In American English:
An
item
sold
within a
concession
(see above) or from a
concession
s stand.
●
In British English:
A person
eligible
for a
concession
price (see above).
Verb
●
To
grant
or
approve
by means of
a
concession
agreement.
Sourced from
Wiktionary
Synonyms
Franchise
Concessio
Tithe
Admission
Submission
Gift
Acknowledgment
Related
Declaration
Subsidy
Agreement
Capitulation
Proposal
Contract
Discount
Lease
Exemption
Waiver
Reservation
Settlement
Licence
Allowance
Compromise
Grant
Deduction
Payment
Offer
Deal
Rebate
Agreements
License
Donation
Contribution
Obligation
Proposition
Credit
Claim
Treaty
Permit
Negotiation
Bid
Fee
Sanction
Stipulation
Precondition
Tender
Exemptions
Loan
Law
Guarantee
Rule
Promise
Incentive
Dispute
Bargaining Chip
Slap In The Face
More
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