Definition of CONCESSION

the act or practice of each side giving up something in order to reach an agreement <when trying to get a raise in your salary, it's good to know the art of concession>
an open declaration of something (as a fault or the commission of an offense) about oneself <an abject concession of guilt from the governor is the only thing that will save her political career>
Synonyms acknowledgment (or acknowledgement), admission, avowal, concession, self-confession
something granted as a special favor <a concession to sell their T-shirts at the village fair>
Synonyms appanage (also apanage), boon, concession, honor

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