Concession
Pronunciation
- IPA: /kənˈsɛʃən/
- Hyphenation: con + ces + sion
Origin
Late Middle English, from Middle French, from Latin concessionem, accusative singular of concessio ("a grant, permission, conceding"), from concedere
Full definition of concession
Noun
concession
(plural concessions)- the act of conceding, especially that of defeat
- something, such as an argument, that is conceded or admitted to be wrong
- (rhetoric) Admitting a point to strengthen one's overall case.
- the grant of some land to be used for a specified purpose
- (chiefly US) a contract to operate a small business as a subsidiary of a larger company, or within the premises of some institution; the business itself and the space from which it operates
- (Canada) In Ontario, a small road between tracts of farmland.
Derived terms
Verb
- To grant or approve by means of a concession agreement.----