CONCESSION

concession, grant

(noun) a contract granting the right to operate a subsidiary business; “he got the beer concession at the ball park”

concession, conceding, yielding

(noun) the act of conceding or yielding

concession

(noun) a point conceded or yielded; “they won all the concessions they asked for”

Source: WordNet® 3.1

---

Etymology

Noun

concession (usually uncountable, plural concessions)

The act of conceding.

An act of conceding, particularly

A compromise: a partial yielding to demands or requests.

Land granted by an authority for some specific purpose, particularly:

(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.

(Canadian) 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).

Synonyms

• (granting a request): tithe (obs.)

• (a smaller business operating under another's aegis): See franchise

Verb

concession (third-person singular simple present concessions, present participle concessioning, simple past and past participle concessioned)

To grant or approve by means of a concession agreement.

Source: Wiktionary

---

Con*ces"sion, n. Etym: [L. concessio, fr. concedere: cf. F. concession. See Concede.]

1. The act of conceding or yielding; usually implying a demand, claim, or request, and thus distinguished from giving, which is voluntary or spontaneous. By mutual concession the business was adjusted. Hallam.

2. 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. This is therefore a concession , that he doth . . . believe the Scriptures to be sufficiently plain. Sharp. When a lover becomes satisfied by small compliances without further pursuits, then expect to find popular assemblies content with small concessions. Swift.

Source: Webster’s Unabridged Dictionary 1913 Edition

---

Do you know this game?

Wordscapes is a popular word game consistently in the top charts of both Google Play Store and Apple App Store. The Android version has more than 10 million installs. This guide will help you get more coins in less than two minutes of playing the game. Continue reading Wordscapes: Get More Coins