AskDefine | Define concession

Dictionary Definition

concession

Noun

1 a contract granting the right to operate a subsidiary business; "he got the beer concession at the ball park" [syn: grant]
2 the act of conceding or yielding [syn: conceding, yielding]
3 a point conceded or yielded; "they won all the concessions they asked for"

User Contributed Dictionary

English

Pronunciation

  • /kənˈsɛʃən/, /k@n"sES@n/
  • Hyphenation: con·ces·sion

Noun

  1. the act of conceding, especially that of defeat
  2. something, such as an argument, that is conceded or admitted to be wrong
  3. the grant of some land to be used for a specified purpose
  4. In the context of "mostly|US": a contract to operate a small business as a subsidiary of a larger company, or within the premises of some institution; the business itself and the space from which it operates

Translations

the act of conceding, especially that of defeat
something, such as an argument, that is conceded or admitted to be wrong
the grant of some land to be used for a specified purpose
a contract to operate a small business as a subsidiary of a larger company, or within the premises of some institution

Derived terms

Extensive Definition

Concession can mean either:
concession in German: Konzession
concession in Spanish: Concesión
concession in Esperanto: Koncesio
concession in French: Concession

Synonyms, Antonyms and Related Words

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, co-op, communication, composition, compromise, conciliate, conferment, conferral, confession, contribution, 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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