• 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)
    1. the act of conceding, especially that of defeat
    2. something, such as an argument, that is conceded or admitted to be wrong
    3. (rhetoric) Admitting a point to strengthen one's overall case.
    4. the grant of some land to be used for a specified purpose
    5. (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
    6. (Canada) In Ontario, a small road between tracts of farmland.

    Derived terms

    Verb

    1. To grant or approve by means of a concession agreement.----
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