meaning of concession

1. The act of conceding or yielding; usually implying a demand, claim, or request, and thus distinguished from giving, which is voluntary or spontaneous.
A thing yielded; an acknowledgment or admission; a boon; a grant; esp. a grant by government of a privilege or right to do something; as, a concession to build a canal.
a contract granting the right to operate a subsidiary business; "he got the beer concession at the ball ">park"

Related Words

concession | concessionaire | concessioner | concessionist |

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