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