- When you are negotiating and you give in to something that the other side wants, this is an example of a concession.
- If the government gives tax credits to special interest groups, the tax credits are an example of a concession.
- If a high school gives the sports booster club the right to sell snacks at a football game, this is an example of a concession.
- 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.; esp.,
- the right to use land, as for a specific purpose
- Cdn. a government grant of land forming a subdivision of a township
- ⌂ the right or a lease to engage in a certain activity for profit on the lessor's premises: a refreshment or parking concession
- ⌂ the land, space, etc. so granted or leased
Origin of concessionMiddle English and amp; Old French ; from Classical Latin concessio ; from concessus, past participle of concedere
- The act of conceding.
- a. Something, such as a point previously claimed in argument, that is later conceded.b. An acknowledgment or admission.
- A grant of a tract of land made by a government or other controlling authority in return for stipulated services or a promise that the land will be used for a specific purpose.
- a. The privilege of maintaining a subsidiary business within certain premises.b. The space allotted for such a business.c. The business itself: had an ice-cream concession in the subway station.
Origin of concessionMiddle English, from Latin concessi&omacron;, concessi&omacron;n-, from concessus, past participle of conc&emacron;dere, to concede; see concede.
- the act of conceding, especially that of defeat
- something, such as an argument, that is conceded or admitted to be wrong
- (rhetoric) Admitting a point to strengthen one's overall case.
- the grant of some land to be used for a specified purpose
- (chiefly US) a contract to operate a small business as a subsidiary of a larger company, or within the premises of some institution; the business itself and the space from which it operates
- (Canada) In Ontario, a small road between tracts of farmland.
(third-person singular simple present concessions, present participle concessioning, simple past and past participle concessioned)
- To grant or approve by means of a concession agreement.
Late Middle English, from Middle French, from Latin concessionem, accusative singular of concessio (“a grant, permission, conceding”), from concedere