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Concession Definition: 4 Meanings with Examples (4 meaning)

Meaning 1:an act of yielding (concession)

concession 🔊
/kənˈsɛʃən/
n.
Something you allow or give up to end a disagreement or reach a deal.
Business handshake concession agreement in office meeting
an act of yielding 🔊
/ən ækt əv ˈjiːldɪŋ/
n.
In negotiations or disagreements, a concession is something that one party agrees to give up or allow in order to reach an agreement.
📁 Category:Social Economy 🔖 Level:Intermediate

📘 Details & Usage

📖 Root Explanation
con- (together) + cede (yield) + -ion (state of) → act of yielding together
💡 Mnemonic
Imagine two negotiators: one 'concedes' (gives up) a point, making a 'concession' to reach a deal.
📖 Example
After hours of debate, the company finally made a concession by agreeing to pay for the extra training. 🔊 After hours of debate, the company finally made a concession by agreeing to pay for the extra training.
🔗 Collocations
to make a concession – to agree to give up something to reach an agreement
a significant concession – an important compromise offer
grant a concession – to officially allow something as a compromise
🔄 Synonyms
compromise (n.) – an agreement reached by each side giving up something
yield (n./v.) – the act of giving way to demands
capitulation (n.) – the act of surrendering completely, often a major concession
🚫 Antonyms
demand (n.) – a firm request that expects no compromise
intransigence (n.) – refusal to change one's views or make concessions
🌱 Derivatives
concede (v.) – to admit or yield
concessionary (adj.) – relating to a concession
📖 Cultural Story
From Latin concessionem, from concedere 'to yield, give way' (con- 'together' + cedere 'to go, yield'). Entered English in the 14th century via Old French.

Meaning 2:a business operating under a franchise (concession)

concession 🔊
/kənˈsɛʃən/
n.
A special right to sell something or run a business in a particular place, given by the owner.
Airport kiosk concession snack shop with travelers
a business operating under a franchise 🔊
/ə ˈbɪznəs ˈɑːpəreɪtɪŋ ˈʌndər ə ˈfræntʃaɪz/
n.
A concession is a commercial establishment or kiosk that operates within a larger venue, such as an airport or cinema, under a license from the owner.
📁 Category:Social Economy 🔖 Level:Intermediate

📘 Details & Usage

📖 Example
We bought some popcorn from the food concession stand inside the cinema. 🔊 We bought some popcorn from the food concession stand inside the cinema.
🔗 Collocations
concession stand – a small kiosk selling snacks and drinks
food concession – a business that sells food in a public venue
concession agreement – a contract granting the right to operate a concession
🔄 Synonyms
franchise (n.) – a right granted to an individual or group to market a company's goods or services
kiosk (n.) – a small open-fronted booth or stall
outlet (n.) – a store or business that sells goods directly to the public
🌱 Derivatives
concessionaire (n.) – a person or company that holds a concession
concessionary (adj.) – relating to a concession (business)

Meaning 3:a reduced price for a specific group (concession)

concession 🔊
/kənˈsɛʃən/
n.
A reduced price offered to a particular group of people, like students or seniors.
Cinema ticket showing student concession price discount
a reduced price for a specific group 🔊
/ə rɪˈduːst praɪs fɔːr ə spəˈsɪfɪk ɡruːp/
n.
A concession is a discount or lower price offered to certain categories of people, such as students, seniors, or children.
📁 Category:School Education 🔖 Level:Intermediate

📘 Details & Usage

📖 Example
The museum offers a student concession-just show your ID to get half-price tickets. 🔊 The museum offers a student concession - just show your ID to get half-price tickets.
🔗 Collocations
student concession – a discount for students
concession ticket – a ticket sold at a reduced price
concession rate – a special lower rate
🔄 Synonyms
discount (n.) – a reduction in the usual price
reduction (n.) – the act of making something smaller or cheaper
allowance (n.) – a sum of money given for a specific purpose, sometimes a reduction
🚫 Antonyms
surcharge (n.) – an extra payment added to the usual price
full price (n.) – the standard price without any discount
🌱 Derivatives
concessionary (adj.) – relating to a reduced price

Meaning 4:a reluctant admission (concession)

concession 🔊
/kənˈsɛʃən/
n.
A formal, often reluctant, admission that something is true or that your opponent in an argument has a point.
Public speaker concession admission at podium
a reluctant admission 🔊
/ə rɪˈlʌktənt ædˈmɪʃən/
n.
A concession in this sense is an acknowledgment, often made reluctantly, that something is true or that an opponent has a valid point.
📁 Category:Behaviors & Actions 🔖 Level:Advanced

📘 Details & Usage

📖 Example
His speech began with a gracious concession, acknowledging the hard work of all the other candidates. 🔊 His speech began with a gracious concession, acknowledging the hard work of all the other candidates.
🔗 Collocations
make a concession – to admit something reluctantly
gracious concession – a polite and generous admission
concession in an argument – an admission that the other side has a point
🔄 Synonyms
admission (n.) – a statement acknowledging the truth of something
acknowledgment (n.) – acceptance of the truth or existence of something
confession (n.) – a formal statement admitting something
🚫 Antonyms
denial (n.) – refusing to admit the truth of something
refutation (n.) – proving a statement to be wrong
🌱 Derivatives
concede (v.) – to admit reluctantly
concessive (adj.) – tending to make concessions
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