transitive verb conceded -·ced′ed, conceding -·ced′·ing

1. to admit as true or valid; acknowledge to concede a point in argument
2. to admit as certain or proper to concede victory to an opponent
3. to grant as a right or privilege to concede autonomy to local governments

Etymology: L concedere < com-, with + cedere, to go, grant, cede

intransitive verb

1. to make a concession
2. ☆ to acknowledge defeat in an election