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  2. 1. a. : 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: a.

  3. something that is allowed or given up, often in order to end a disagreement, or the act of allowing or giving this: Both sides involved in the conflict made some concessions in yesterday's talks. He stated firmly that no concessions will be made to the terrorists. See. concede (ADMIT) [ U ] the act of admitting defeat:

  4. something that is allowed or given up, often in order to end a disagreement, or the act of allowing or giving this: Both sides involved in the conflict made some concessions in yesterday's talks. He stated firmly that no concessions will be made to the terrorists. See. concede (ADMIT) [ U ] the act of admitting defeat:

  5. [countable, usually plural] (British English) a reduction in an amount of money that has to be paid; a ticket that is sold at a reduced price to a particular group of people. They may grant tax concessions to encourage foreign investors. Tickets are £3; there is a £1 concession for students. Adults £2.50, concessions £2, family £5

  6. Definitions of concession. noun. the act of conceding or yielding. synonyms: conceding, yielding. see more. noun. a point conceded or yielded. “they won all the concessions they asked for” see more. noun. a contract granting the right to operate a subsidiary business. synonyms: grant. see more. noun.

  7. the act of yielding or conceding, as to a demand or argument. something conceded. a reduction in the usual price of a ticket granted to a special group of customers. a student concession. any grant of rights, land, or property by a government, local authority, corporation, or individual.

  8. An act of conceding, granting, or yielding, esp. in partial fulfilment of demands; an allowance, privilege, or right granted to a person or thing. Also in extended use: a gesture or token of respect granted to something in acknowledgement of its importance or influence.

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