Main Entry:: con·ces·sion
Pronunciation:: \kən-ˈse-shən\
Function:: noun
Etymology:: Middle English concessyon, from Anglo-French concessioun, from Latin concession-, concessio, from concedere to concede
Date:: 15th century

1 a: the act or an instance of conceding b: the admitting of a point claimed in argument2: something conceded: a: acknowledgment , admission b: grant c (1): a grant of land or property especially by a government in return for services or for a particular use (2): a right to undertake and profit by a specified activity (3): a lease of a portion of premises for a particular purpose ; also : the portion leased or the activities carried on

— con·ces·sion·al

\-ˈsesh-nəl, -ˈse-shə-n^əl\ adjective

— con·ces·sion·ary

\-ˈse-shə-ˌner-ē\ adjective

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