Concession meaning
Had an ice-cream concession in the subway station.
- The right to use land, as for a specific purpose.
- 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.
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.