Concession

Quick meaning: Concession is a noun meaning The act of conceding.

Meaning

The act of conceding.

More Meanings

1. An act of conceding, particularly:
2. A gift freely given or act freely made as a token of respect or to curry favor.
3. To grant or approve by means of a concession agreement.
4. (chiefly US) A franchise: a business operated as a concession (see above).
5. (chiefly US, usually in the plural) An item sold within a concession (see above) or from a concessions stand.
6. (chiefly UK) A person eligible for a concession price (see above).

Example Sentences

In this country... civil war has been forestalled by opportune concession.

Any parsone, prest or clerk, havyng any benefice... by wey of presentation, donation, concession, collation or institution.

[A] consultant was contracted for one year to prepare the legal and administrative framework for concessioning selected roads to the private sector and is expected to complete the framework in July 2005.

While the process of bringing the private sector into the railroad industry in Vietnam is probably not going to be a single step, several countries have pursued the path of concessioning their rail operations in order to reduce the public fiscal burden associated with rail subsidization and to improve a deficient service.

Word Forms

• concessions
• concessioning
• concessioned

Synonyms for concession

Depending on context, synonyms include tithe, franchise, conceding, grant, yielding.

Related Words

Related dictionary entries include grant, yielding, conceding, concessionaire, remission, yield.

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