Meaning of CONCESSION
| Pronunciation: | | kun'seshun
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 WordNet Dictionary |
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| | Definition: | |
- [n] a contract granting the right to operate a subsidiary business; "he got the beer concession at the ball park"
- [n] the act of conceding or yielding
- [n] a point conceded or yielded; "they won all the concessions they asked for"
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| | Synonyms: | | conceding, grant, yielding |
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| | See Also: | | acquiescence, agreement, assent, bye, contract, franchise, judicial admission, pass, sop, stipulation, wage concession | |
| Webster's 1913 Dictionary |
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| | Definition: | | \Con*ces"sion\, n. [L. concessio, fr. concedere: cf.
F. concession. See {Concede}.]
1. The act of conceding or yielding; usually implying a
demand, claim, or request, and thus distinguished from
giving, which is voluntary or spontaneous.
By mutual concession the business was adjusted.
--Hallam.
2. A thing yielded; an acknowledgment or admission; a boon; a
grant; esp. a grant by government of a privilege or right
to do something; as, a concession to build a canal.
This is therefore a concession, that he doth . . .
believe the Scriptures to be sufficiently plain.
--Sharp.
When a lover becomes satisfied by small compliances
without further pursuits, then expect to find
popular assemblies content with small concessions.
--Swift.
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| Thesaurus Terms |
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| | Related Terms: | | abatement, abatement of differences, acceptance, accommodation, accordance, acknowledgment, adjustment, admission, agio, allowance, appease, appreciation, arrangement, assuage, avowal, award, awarding, bank discount, bargain, bestowal, bestowment, boutique, breakage, brevet, calm, cash discount, cession, chain discount, chain store, charge-off, charter, circumscription, communication, composition, compromise, conciliate, conferment, conferral, confession, contribution, co-op, cooperative, cop-out, countinghouse, country store, cut, deal, declaration, deduction, deliverance, delivery, department store, depreciation, desertion of principle, dime store, diploma, discount, discount house, discount store, donation, drawback, emporium, endowment, establishment, evasion of responsibility, exception, exemption, extenuating circumstances, five-and-ten, franchise, furnishment, general store, gifting, give-and-take, giving, giving way, grain of salt, grant, granting, hedge, hedging, house, impartation, impartment, intervene, investiture, kickback, lean, letters patent, liberality, liberty, limitation, magasin, mail-order house, market, mart, mediate, mental reservation, modification, mollify, mutual concession, offer, owning, owning up, patent, penalty, penalty clause, percentage, persuade, placate, post, premium, presentation, presentment, prevail, price reduction, price-cut, profession, propitiate, provision, qualification, quiet, rebate, rebatement, recognition, reduction, refund, reservation, restriction, retail store, rite of confession, rollback, royal grant, salon, salvage, salvo, setoff, settlement, shop, shrift, soothe, special case, special treatment, specialness, specification, store, subscription, supermarket, supplying, surrender, sweeten, tare, time discount, trade discount, trading post, tranquilize, tret, unbosoming, underselling, understanding, variety shop, variety store, vouchsafement, waiver, warehouse, wareroom, wholesale house, write-off, yielding |
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