concession

noun, verb — 19 senses

concession

noun

CA, US, UK /kənˈsɛʃən/ · AU, NZ /kənˈseʃən/

Etymology From late Middle English concession, from Middle French concession, from Latin concessiō (“a grant, permission, conceding”), from concēdō. Doublet of concessio.

18 senses
  1. 1The act of conceding.
  2. 2A compromise: a partial yielding to demands or requests.
  3. 3A portion of a township, especially equal lots once…
  4. 4A territory—usually an enclave in a major port—yielded…
  5. 5A concession road: a narrow road between tracts of…
  6. 6The premises granted to a business as a concession (see below)
  7. 7A right to use land or an offshore area for a specific…
  8. 8A right to operate a quasi-independent franchise of a…
  9. 9A right to operate a quasi-independent business within…
  10. 10A preferential tax rate.
  11. 11A discounted price offered to certain classes of people…
  12. 12An admission of the validity of an opponent's point in…
  13. 13Any admission of the validity or rightness of a point…
  14. 14An admission of defeat following an election.
  15. 15A gift freely given or act freely made as a token of…
  16. 16A franchise: a business operated as a concession (see above).
  17. 17An item sold within a concession (see above) or from a…
  18. 18A person eligible for a concession price (see above).
1

Usually The act of conceding.

  • Any parsone, prest or clerk, havyng any benefice... by wey of presentation, donation, concession, collation or institution.c. 1472, October, Rolls of Parliament, Edward IV, 2nd Roll, §8
  • In this country... civil war has been forestalled by opportune concession.1876, James Bowling Mozley, Sermons Preached before the University of Oxford, v, 130:

› An act of conceding

2

Usually A compromise: a partial yielding to demands or requests.

  • But these concessions failed, as I believe concessions to evil always do fail.1865, John Bright, Speeches of John Bright, M.P., on the American Question,, page 174:

› An act of conceding › Land granted by an authority for some…

3

Historical, Usually A portion of a township, especially equal lots once granted to settlers in Canada.

4

Historical, Usually A territory—usually an enclave in a major port—yielded to the administration of a foreign power.

  • The French Concession in Shanghai
5

Canada, Usually A concession road: a narrow road between tracts of farmland, especially in Ontario, from their origin during the granting of concessions (see above).

6

US, Usually The premises granted to a business as a concession (see below)

› An act of conceding › A privilege granted by an authority…

7

Usually A right to use land or an offshore area for a specific purpose, such as oil exploration.

8

US, Usually A right to operate a quasi-independent franchise of a larger company.

9

US, Usually A right to operate a quasi-independent business within another's premises, as with concessions stands.

10

Usually A preferential tax rate.

11

UK, Usually A discounted price offered to certain classes of people, such as students or the elderly.

› An act of conceding

12

Rhetoric, Usually 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

Broadly, Usually Any admission of the validity or rightness of a point; an instance of this.

14

Usually 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.2000 December 13, Al Gore, Concession Speech:
15

Usually A gift freely given or act freely made as a token of respect or to curry favor.

16

US, Usually A franchise: a business operated as a concession (see above).

17

US, Plural normally, Usually An item sold within a concession (see above) or from a concessions stand.

18

UK, Usually A person eligible for a concession price (see above).

Synonyms
tithe, franchise
Derived terms
anticoncession, concessionaire, concessional, concessionary, concession-contraexpectation, concession-counter-expectation, concessioner, concessionism, concessionist, concession road, concession speech, concession stand, nonconcession, unconcession
Related terms
paromologia, paromology

concession

verb

Etymology From late Middle English concession, from Middle French concession, from Latin concessiō (“a grant, permission, conceding”), from concēdō. Doublet of concessio.

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.2000, Private Solutions for Infrastructure: Opportunities for Vietnam, World Bank Publications, →ISBN, page 82:
  • [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 2005.2007, International Monetary Fund, Kenya: Poverty Reduction Strategy Annual Progress Report - 2003/2004, International Monetary Fund, page 24:

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.