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concession
[ kuhn-sesh-uhn ]
noun
- the act of conceding or yielding, as a right, a privilege, or a point or fact in an argument:
He made no concession to caution.
- the thing or point yielded:
Management offered a shorter workweek as a concession.
- something conceded by a government or a controlling authority, as a grant of land, a privilege, or a franchise.
- a space or privilege within certain premises for a subsidiary business or service:
the refreshment concession at a movie theater.
- Canadian. any of the usually sixteen divisions of a township, each division being 10 sq. mi. (26 sq. km) in area and containing thirty-two 200-acre lots.
concession
/ əˈɛʃə /
noun
- the act of yielding or conceding, as to a demand or argument
- something conceded
- a reduction in the usual price of a ticket granted to a special group of customers
a student concession
- any grant of rights, land, or property by a government, local authority, corporation, or individual
- the right, esp an exclusive right, to market a particular product in a given area
- the right to maintain a subsidiary business on a lessor's premises
- the premises so granted or the business so maintained
- a free rental period for such premises
- chiefly in Ontario and Quebec
- a land subdivision in a township survey
- another name for concession road
Derived Forms
- Dzˈ, adjective
Other Word Forms
- Dz··Dz· adjective
- ԴDz·Dz··Dz noun
- ·Dz··Dz noun
- ·Dz··Dz adjective
- ܲ·Dz··Dz noun
Word History and Origins
Origin of concession1
Word History and Origins
Origin of concession1
Example Sentences
There are differences over the territorial concessions Ukraine would be required to make, security guarantees, sanctions relief for Russia and the sequencing - that is, the order in which obligations undertaken be carried out.
Kyiv has been on the receiving end of growing pressure from Trump to accept territorial concessions as part of an agreement with Moscow to end the war.
“There are very few buildings that can actually transact” leases, he said, because they can give tenants the financial concessions they need to move in.
He said the deal would mean Ukraine and Russia "are both going to have to give up some of the territory they currently own" - without specifying what geographic concessions would have to be made.
Ukraine agreed to this and – under pressure from the US – made a huge concession; it would no longer demand the promise of long-term security guarantees before any cessation of hostilities.
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