concession

One entry found for concession.

Main Entry: con·ces·sion
Pronunciation: k&n-'se-sh&n
Function: noun
Etymology: Middle English concessyon, from Anglo-French concessioun, from Latin concession-, concessio, from concedere to concede
1 a : the act or an instance of conceding b : the admitting of a point claimed in argument
2 : 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 /-'sesh-n&l, -'se-sh&-n^&l/ adjective
- con·ces·sion·ary /-'se-sh&-"ner-E/ adjective