concession
IPA: kʌnsˈɛʃʌn
noun
- The act of conceding.
- An act of conceding
- A compromise: a partial yielding to demands or requests.
- Land granted by an authority for some specific purpose
- (historical) A portion of a township, especially equal lots once granted to settlers in Canada.
- (historical) A territory—usually an enclave in a major port—yielded to the administration of a foreign power.
- (Canada) A concession road: a narrow road between tracts of farmland, especially in Ontario, from their origin during the granting of concessions (see above).
- (chiefly US) The premises granted to a business as a concession (see below)
- A privilege granted by an authority, especially to conduct business on favorable terms within certain conditions and particularly:
- A right to use land or an offshore area for a specific purpose, such as oil exploration.
- (chiefly US) A right to operate a quasi-independent franchise of a larger company.
- (chiefly US) A right to operate a quasi-independent business within another's premises, as with concession stands.
- A preferential tax rate.
- (chiefly UK) A discounted price offered to certain classes of people, such as students or the elderly.
- (rhetoric) An admission of the validity of an opponent's point in order to build an argument upon it or to move on to another of greater importance; an instance of this.
- (by extension) Any admission of the validity or rightness of a point; an instance of this.
- (originally US) An admission of defeat following an election.
- A gift freely given or act freely made as a token of respect or to curry favor.
- (chiefly US) A franchise: a business operated as a concession (see above).
- (chiefly US, usually in the plural) An item sold within a concession (see above) or from a concessions stand.
- (chiefly UK) A person eligible for a concession price (see above).
verb
- To grant or approve by means of a concession agreement.
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Examples of "concession" in Sentences
- The sheriff said the trailer, which he described as a concession trailer, was stolen.
- Right now, that means more of the long-term concession projects he expects to become increasingly popular.
- Far be it from our English women to permit such habits; and yet, as things are, a little concession is prudent.
- Instead of pushing for the nuclear option of redundancy people have thought about what we call concession bargaining where there is a trade off for job security.
- Hague also attacked the alternative vote system, a referendum on which was a key concession from the Tories to the Lib Dems when they formed their coalition in May.
- The best negotiation is one where your main concession is to do something you should do anyway, and controlling cybercrime at home is definitely something we should do.
- They tested 23 readily available brands, and they grilled them on a-- what they call a concession-style rolling grill thing and came out with their list of top hot dogs.
- Napoleon felt his _weakness_, and tried to win back popular _favor_ by concession after _concession_, until, at his fall, he had nearly restored parliamentary _government_.
- An example that Mr. Folsom provided: the ferry magnate Robert Fulton, who operated successfully on the Hudson thanks to a 30-year exclusive concession from the New York state legislature.
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