Concession Definition & Meaning | Britannica Dictionary (original) (raw)

Britannica Dictionary definition of CONCESSION

1

[count]

:

the act of conceding something: such as

a

:

the act of giving up something or doing something in order to reach agreement

• The company has been unwilling to make concessions (to the strikers) during negotiations.

b

:

the act of admitting that you have been defeated in a contest

• We are waiting for his concession of the election.
• The candidate made an emotional concession speech when it was clear that he had lost.

2

[count]

:

something that you allow or do to end a conflict or reach an agreement

• The strikers have won/gained/secured some important/major concessions from the company.

3

[count]

:

something that is done because a particular situation makes it necessary or desirable

— + to

• Her sensible shoes are a concession to comfort. [=she wears sensible shoes because they are comfortable]
• He takes afternoon naps now in/as a concession to his old age.

4

US

a

[count]

:

the right to sell something or do business on property that belongs to the government or to another company or person

• a mining concession

b

[count]

:

a small business or shop where things are sold in a public place (such as a sports stadium)

• He runs a concession that sells hot dogs and hamburgers at the ballpark.
• We got hot dogs at the concession stand.

c

concessions

[plural]

:

things sold at a concession stand

• He has a license to sell concessions at the ballpark.

5

[count]

British

:

a special lower price or rate

• tax concessions [=tax breaks]
• student concessions [=_discounts_]