Essential Meaning of concession
1 : the act of giving up something or doing something in order to reach agreement The company has been unwilling to make concessions (to the strikers) during negotiations.
2 : the act of admitting that you have been defeated in a contest We are waiting for his concession of the election. The candidate made an emotional concession speech when it was clear that he had lost.
3 : something that you allow or do to end a conflict or reach an agreement The strikers have won/gained/secured some important/major concessions from the company.
Full Definition of concession
1a : the act or an instance of conceding (as by granting something as a right, accepting something as true, or acknowledging defeat) The union will seek further concessions before accepting the contract.
b : the admitting of a point claimed in argument
2 : something conceded or granted:
b : something done or agreed to usually grudgingly in order to reach an agreement or improve a situation The ending of the movie was changed as a concession to the American audience's sensibilities.
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 a concession to drill for oil
(3) : a lease of a portion of premises for a particular purpose also : the portion leased or the activities carried on
3a : a small business or shop where things are sold in a public place (such as a sports stadium or theater) The theater had real Raisinets at the concession, so I got some of those, too.— Neal Fandek … Billie's visiting with her father, and I'm standing alone at the concession stand, buying my butterless corn.— Carrie Fisher
b concessions, plural : things sold at such a business Spectators spend an average of $5 per game on concessions.— Jack Gallagher
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