concession
nounverbattested in dialogue
- Canada//kənˈsɛʃən//
- Australia//kənˈseʃən//
The act of conceding.
noun
- 1
The act of conceding.
Any parsone, prest or clerk, havyng any benefice... by wey of presentation, donation, concession, collation or institution.
In this country... civil war has been forestalled by opportune concession.
- 2
An act of conceding A compromise: a partial yielding to demands or requests.
But these concessions failed, as I believe concessions to evil always do fail.
- 3
historicalAn act of conceding Land granted by an authority for some specific purpose A portion of a township, especially equal lots once granted to settlers in Canada.
- 4
historicalAn act of conceding Land granted by an authority for some specific purpose A territory—usually an enclave in a major port—yielded to the administration of a foreign power.
The French Concession in Shanghai
- 5
An act of conceding Land granted by an authority for some specific purpose A concession road: a narrow road between tracts of farmland, especially in Ontario, from their origin during the granting of concessions (see above).
- 6
An act of conceding Land granted by an authority for some specific purpose The premises granted to a business as a concession (see below)
- 7
An act of conceding A privilege granted by an authority, especially to conduct business on favorable terms within certain conditions and particularly: A right to use land or an offshore area for a specific purpose, such as oil exploration.
- 8
An act of conceding A privilege granted by an authority, especially to conduct business on favorable terms within certain conditions and particularly: A right to operate a quasi-independent franchise of a larger company.
- 9
An act of conceding A privilege granted by an authority, especially to conduct business on favorable terms within certain conditions and particularly: A right to operate a quasi-independent business within another's premises, as with concessions stands.
- 10
An act of conceding A privilege granted by an authority, especially to conduct business on favorable terms within certain conditions and particularly: A preferential tax rate.
- 11
An act of conceding A privilege granted by an authority, especially to conduct business on favorable terms within certain conditions and particularly: A discounted price offered to certain classes of people, such as students or the elderly.
- 12
An act of conceding An admission of the validity of an opponent's point in order to build an argument upon it or to move on to another of greater importance; an instance of this.
- 13
An act of conceding Any admission of the validity or rightness of a point; an instance of this.
- 14
An act of conceding An admission of defeat following an election.
Just moments ago, I spoke with George W. Bush and congratulated him on becoming the 43rd president of the United States. And I promised him that I wouldn't call him back this time... tonight, for the sake of our unity as a people and the strength of our democracy, I offer my concession.
- 15
A gift freely given or act freely made as a token of respect or to curry favor.
- 16
A franchise: a business operated as a concession (see above).
- 17
An item sold within a concession (see above) or from a concessions stand.
- 18
A person eligible for a concession price (see above).
Etymology
From late Middle English concession, from Middle French concession, from Latin concessiō (“a grant, permission, conceding”), from concēdō. Doublet of concessio.
verb
- 1
To grant or approve by means of a concession agreement.
While the process of bringing the private sector into the railroad industry in Vietnam is probably not going to be a single step, several countries have pursued the path of concessioning their rail operations in order to reduce the public fiscal burden associated with rail subsidization and to improve a deficient service.
[A] consultant was contracted for one year to prepare the legal and administrative framework for concessioning selected roads to the private sector and is expected to complete the framework in July 2005.
Forms
- plural
- concessions
- past tense
- concessioned
- past participle
- concessioned
- present participle
- concessioning
- third person singular
- concessions