concessionary

noun, adj — 3 senses

concessionary

noun

US /kənˈsɛʃəˌnɛɹi/

Etymology From concession + -ary.

1

one who owns a concession or a franchise

1890, Benjamin Harrison, State of the Union Address That Government seized the Delagoa Bay Railway, which was constructed under a concession granted to an American citizen, and at the same time annulled the charter. The concessionary, who had embarked his fortune in the enterprise, having exhausted other means of redress, was compelled to invoke the protection of his Government.

concessionary

adj

Etymology From concession + -ary.

1

Usually relating to concessions or franchises

2

Usually making concessions or compromises

I observe indeed a party in the State whose rule it is to consent to no change, until it is clamorously called for, and then instantly to yield; but those are Concessionary, not Conservative principles.1844, Benjamin Disraeli, Coningsby (The New Generation)

Derived terms: anticoncessionary, concessionarily, nonconcessionary

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