Concession Definition
kən-sĕshən
concessions
noun
concessions
An act or instance of conceding, granting, or yielding.
Webster's New World
A thing conceded or granted; acknowledgment, as of an argument or claim.
Webster's New World
A privilege granted by a government, company, etc.
Webster's New World
An acknowledgment or admission.
American Heritage
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.
American Heritage
Synonyms:
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verb
To grant or approve by means of a concession agreement.
Wiktionary
Origin of Concession
-
Late Middle English, from Middle French, from Latin concessionem, accusative singular of concessio (“a grant, permission, conceding”), from concedere
From Wiktionary
-
Middle English from Latin concessiō concessiōn- from concessus past participle of concēdere to concede concede
From American Heritage Dictionary of the English Language, 5th Edition
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