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   concession

   /kənˈsɛʃn/

   noun

   • 1. a thing that is granted, especially in response to demands: "the government was unwilling to make any further concessions" Similar compromiseadjustmentmodificationallowanceexceptionpoint concededpoint lostforfeitsomething surrenderedinformal:sop
   • ▪ the action of conceding or granting something: "this strict rule was relaxed by concession" Similar admissionacknowledgementacceptancerecognitionconfessionsurrenderyieldinggiving upcedingrelinquishmentsacrificehandoverrare:cessionOpposite denialretentionacquisition
   • ▪ a gesture made in recognition of a demand or prevailing standard: "her only concession to fashion was her ornate silver ring"
   • 2. a preferential allowance or rate given by an organization: "tax concessions"
   • ▪ a reduction in the price of something for a certain category of person: British "railcard holders can obtain concessions" Similar reductioncutdiscountdeductiondecreaserebatedepletion allowanceinformal:tax break
   • 3. the right to use land or other property for a specified purpose, granted by a government, company, or other controlling body: "new logging concessions" Similar rightprivilegefavourlicencepermitfranchisewarrantauthorization
   • ▪ a commercial operation set up by agreement within the premises of a larger concern: "the concessions will offer photo processing and a pharmacy"
   • ▪ the right, given by a company, to sell goods, especially in a particular place.
   • ▪ a piece of land into which surveyed land is divided. Canadian

   Word Origin late Middle English: from Latin concessio(n-), from the verb concedere (see concede).

   Scrabble Points: 14

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