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concession

Syllabification: con·ces·sion
Pronunciation: /kənˈseSHən
 
/

Definition of concession in English:

noun

1A thing that is granted, especially in response to demands; a thing conceded: the strikers returned to work having won some concessions
More example sentences
  • In this way, the company is hoping to appease its older workers, drive a wedge between older and newer workers, and thus win the concessions it is demanding.
  • Somebody needs to pick up the baton here and, you know, without kind of waiting for a consensus or without demanding concessions.
  • Since then, the union leadership has capitulated to DaimlerChrysler's demands for wage concessions and other give-backs.
Synonyms
compromise, allowance, exception
1.1The action of conceding, granting, or yielding something.
Example sentences
  • It is proposed to grant rail concession to persons suffering with severe or moderate haemophilia disease when they travel for treatment/check up in the recognized hospitals.
  • They proposed that the law should stipulate that a concession on an airport must not become subject to monopolisation, and therefore only parts of the airport should be granted on concession.
  • The mother pact on concession for the country's first private funded airport alone took over two years to come through.
Synonyms
admission, acknowledgment, acceptance, recognition, confession
surrender, relinquishment, sacrifice, handover
1.2 (a concession to) A gesture, especially a token one, made in recognition of a demand or prevailing standard: her only concession to fashion was her ornate silver ring
More example sentences
  • Such a concession to the confessional system by the Sunni Board members failed to heal the wounds of 10 April.
  • It would be a gesture of embargo, a concession to the politics of ostracism.
  • They also recognise the sensible concessions made to the haulage industry.
2A preferential allowance or rate given by an organization: tax concessions
More example sentences
  • Part of the blame for raising unrealistic expectations must be shared by the media that had gone to the extent of predicting the change in slabs of income tax rates and many other concessions.
  • Corporations can now move production to take advantage of cheaper labour costs, lower tax rates and other government concessions.
  • Riding schools don't receive the rates concessions accorded to agriculture, but employment changes such as the working time directive and minimum wage have increased outlay.
Synonyms
reduction, cut, discount, deduction, decrease;
informal break
3The right to use land or other property for a specified purpose, granted by a government, company, or other controlling body: new logging concessions
More example sentences
  • Urban housing is a measure of status, since most urban land concessions are granted to people in government and administration and to their relatives and clients.
  • They were empowered to raise taxes, grant mineral and land concessions and issue currency.
  • The last solution consists of the concession of exclusive property rights to new knowledge creators.
Synonyms
right, privilege;
license, permit, franchise, warrant, authorization
3.1A commercial operation within the premises of a larger concern, typically selling refreshments: operates the concessions at the stadium [as modifier]: public restrooms and concession stands
More example sentences
  • It has 136 stand-alone stores, and four concessions within Scottish Power outlets.
  • In addition to these store closures, the eight remaining Time concessions within Office World stores will shut in September.
  • The stores being shut seem to be the high overhead stand alone outlets, with Time's concessions within Powerhouse being OK.
Synonyms
stand, kiosk, stall, counter, vendor
3.2Canadian A piece of land into which surveyed land is divided, itself further divided into lots.
Example sentences
  • The "seigneur" granted parcels of land (concessions) on his seigneury to tenants called "censitaires."
  • Lines and Concessions created blocks of 1000 acres each, which divided into five settler lots each of 200 acres, though at the fourth concession the irregular Lake front created lots of various sizes.

Origin

late Middle English: from Latin concessio(n-), from the verb concedere (see concede).

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