concession

con·ces·sion  (kn-sshn)

n.

1. The act of conceding.

2.

a. Something, such as a point previously claimed in argument, that is later conceded.

b. An acknowledgment or admission.

3. 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.

4.

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.

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[Middle English, from Latin concessi, concessin-, from concessus, past participle of concdere, to concede; see concede.]

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con·cession·al adj.

con·cession·ary (-ssh-nr) adj.

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concession

Noun

1. any grant of rights, land, or property by a government, local authority, or company

2. a reduction in price for a certain category of person: fare concessions for senior citizens

3. the act of yielding or conceding

4. something conceded

5. Canad

a. a land subdivision in a township survey

b. same as concession road [Latin concedere to concede]

concessionary adj

Thesaurus

Noun	1.	concession - a contract granting the right to operate a subsidiary business; "he got the beer concession at the ball park" grant contract - a binding agreement between two or more persons that is enforceable by law franchise - an authorization to sell a company's goods or services in a particular place
	2.	concession - the act of conceding or yielding conceding, yielding assent, acquiescence - agreement with a statement or proposal to do something; "he gave his assent eagerly"; "a murmur of acquiescence from the assembly" bye, pass - you advance to the next round in a tournament without playing an opponent; "he had a bye in the first round"
	3.	concession - a point conceded or yielded; "they won all the concessions they asked for" agreement - the verbal act of agreeing sop - a concession given to mollify or placate; "the offer was a sop to my feelings" judicial admission, stipulation - (law) an agreement or concession made by parties in a judicial proceeding (or by their attorneys) relating to the business before the court; must be in writing unless they are part of the court record; "a stipulation of fact was made in order to avoid delay" takeaway - a concession made by a labor union to a company that is trying to lower its expenditures wage concession - an agreement to raise wages

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concession

noun 1. compromise, agreement, settlement, accommodation, adjustment, trade-off, give-and-take, half measures

noun 2. privilege, right, permit, licence, franchise, entitlement, indulgence, prerogative

noun 3. reduction, saving, grant, discount, allowance

noun 4. surrender, yielding, conceding, renunciation, relinquishment

Translations

concession [kənˈsɛʃən] n → concesión f (= price concession); descuento;

tax concession → privilegio fiscal

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concession [kənˈsɛʃən] n (= compromise) → concession f (= reduced price); réduction f;

tax concession → dégrèvement fiscal;

"concessions" → tarif réduit

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concession [kənˈsɛʃən] n → Zugeständnis nt, Konzession f;

(Comm) → Konzession;

tax concession → Steuervergünstigung f

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concession [kənˈsɛʃən] n → concessione f