concession: [noun] the act or an instance of conceding (as by granting something as a right, accepting something as true, or acknowledging defeat). the admitting of a point claimed in argument.

concession definition: 1. something that is allowed or given up, often in order to end a disagreement, or the act of…. Learn more.

Define concession. concession synonyms, concession pronunciation, concession translation, English dictionary definition of concession. n. 1. The act of conceding. 2 ...

Concession: the act or practice of each side giving up something in order to reach an agreement. Synonyms: accommodation, compromise, give-and-take… Antonyms: disavowal, nonadmission…

British Dictionary definitions for concession the right to maintain a subsidiary business on a lessor's premises the premises so granted or the business so maintained a free rental period for such premises

18/10/2022 · A concession is referred to as the selling groups cutting profit as per the contract associated with the issue of new bonds and stocks. A concession can also be defined as the difference between the selling price of the securities for investors and the amount the issuing entity receives from the trade. The securities are traded by the issuing ...

Concession means agreement or permission. The word can also mean a business operating in a small kiosk. So it is vital to take the time to understand the concession definition before you use the word in various contexts. More so when reading contexts with the word. If not, you might translate it wrongly and not get the intended message.