Concession meaning

Word: Concession

How to pronounce: kənˈseʃn

Noun

Definitions:

1. A thing that is granted, especially in response to demands; a thing conceded.

Example sentences: "The strikers returned to work having won some concessions"

2. A preferential allowance or rate given by an organization.

Example sentences: "Tax concessions"

3. The right to use land or other property for a specified purpose, granted by a government, company, or other controlling body.

Example sentences: "New logging concessions"


Synonyms:

cession

acquiescence

compromise

negotiation

benefit

grant

concession contract

facilities

yielding

acknowledgement

acknowledgment


Derivations:

concessionary

concessioner

concessional

concessive

concede


Keep in Mind

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Concession in Other Languages...

Spanish: Concesión

German: Zugeständnis

French: Concession

Italian: Concessione

Turkish: Imtiyaz