The meaning of CONCESSION is the act or an instance of conceding (as by granting something as a right, accepting something as true, or acknowledging defeat). How to use concession in a sentence.

CONCESSION definition: the act of conceding or yielding, as a right, a privilege, or a point or fact in an argument. See examples of concession used in a sentence.

A concession is a special right or privilege that is given to someone. The government has granted concessions to three private telephone companies.

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

Definition of concession noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.

In summary, a concession is the act of yielding or granting something, typically in the context of negotiation or compromise.

1. the act of conceding or yielding, as a right. 2. the thing or point yielded. 3. something conceded by a government or a controlling authority, as a grant of land.

The noun concession comes in handy in negotiations — between countries, political parties, or even parents and their kids. Want a raise in your allowance? You may have to agree to do more chores as …

An act or instance of conceding, granting, or yielding. A thing conceded or granted; acknowledgment, as of an argument or claim. A privilege granted by a government, company, etc. An acknowledgment or …

CONCESSION meaning: 1 : the act of conceding something: such as; 2 : the act of giving up something or doing something in order to reach agreement