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    Con·ces·sion
    /kənˈseSH(ə)n/

    noun

    • 1. a thing that is granted, especially in response to demands; a thing conceded: "the strikers returned to work having won some concessions" Similar compromiseadjustmentmodificationallowance
    • 2. a preferential allowance or rate given by an organization: "tax concessions"
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  3. concession noun (BUSINESS) a special right to use buildings or land or to sell a product in a particular area, or the place where that business takes place: The company was given a concession to develop oil fields in the north.

  4. concession. noun. /kənˈsɛʃn/. [countable, uncountable] something that you allow or do, or allow someone to have, in order to end an argument or to make a situation less difficult The company will be forced to make concessions if it wants to avoid a strike. to win a concession from someone a major/an important concession She made no ...

  5. Definition of concession noun from the Oxford Advanced Learner's Dictionary. concession. noun. /kənˈseʃn/ [countable, uncountable] something that you allow or do, or allow somebody to have, in order to end an argument or to make a situation less difficult. The firm will be forced to make concessions if it wants to avoid a strike.

  6. Concession definition: the act of conceding or yielding, as a right, a privilege, or a point or fact in an argument. See examples of CONCESSION used in a sentence.

  7. 4 days ago · A concession is a special right or privilege that is given to someone. Farmers were granted concessions from the government to develop the farms. Synonyms: privilege, right, permit, licence More Synonyms of concession. 3. countable noun.

  8. A concession is a special price which is lower than the usual price and which is often given to old people, people who are unemployed, and students.

  9. Dictionary definition of concession. The act of yielding or granting something, typically in the context of negotiation or compromise. "The company made a concession to allow remote work for its employees."

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