concede
verb (used with object)
to acknowledge as true, just, or proper; admit.
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
“I am a numbers guy. And I am not going to be the next mayor of New York City based on upon the numbers that have come in tonight. I am conceding this race.”
From Slate ● Jun. 23, 2021