concession - Meaning and Examples

Meaning of 'concession' (Webster Dictionary)

1 . Concession

[ n.]

- 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.

Meaning of 'concession' (Princeton's WordNet)

1 . concession

[ n]

Meaning (1):
- a contract granting the right to operate a subsidiary business

Example in sentence:

he got the beer concession at the ball park

Meaning (2):
- a point conceded or yielded

Example in sentence:

they won all the concessions they asked for

Nearby Words:

con con- conacre conarium conation conative conatus concamerate concameration concatenate

See 'concession' also in:

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Concession agreement
Concession agreement refers to an understanding or contract between a foreign corporation and a host government defining the rules under which the ...

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