concession

American  

[kuhn-sesh-uhn] / kənˈsɛʃ ən /

noun

1. the act of conceding or yielding, as a right, a privilege, or a point or fact in an argument.

   He made no concession to caution.

2. the thing or point yielded.

   Management offered a shorter workweek as a concession.

3. something conceded by a government or a controlling authority, as a grant of land, a privilege, or a franchise.

4. a space or privilege within certain premises for a subsidiary business or service.

   the refreshment concession at a movie theater.

5. Canadian. any of the usually sixteen divisions of a township, each division being 10 sq. mi. (26 sq. km) in area and containing thirty-two 200-acre lots.

---

concession British  

/ kənˈsɛʃən /

noun

1. the act of yielding or conceding, as to a demand or argument

2. something conceded

3. a reduction in the usual price of a ticket granted to a special group of customers

   a student concession

4. any grant of rights, land, or property by a government, local authority, corporation, or individual

5. the right, esp an exclusive right, to market a particular product in a given area

6. 1. the right to maintain a subsidiary business on a lessor's premises

   2. the premises so granted or the business so maintained

   3. a free rental period for such premises

7. 1. a land subdivision in a township survey

   2. another name for concession road

---

Other Word Forms

• concessible
  adjective
• concessional
  adjective
• nonconcession
  noun
• preconcession
  noun
• proconcession
  adjective
• subconcession
  noun

Etymology

Origin of concession

First recorded in 1605–15; 1910–15 concession for def. 4; from Latin concēssiōn- (stem of concēssiō ), equivalent to concēss(us) (past participle of concēdere ”to concede ”) + -iōn- -ion

Explanation

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 a concession before your parents will agree. Although a concession in an argument is the act of yielding or granting something, don't get confused and think that a concession stand is called that because the workers are granting you popcorn at the baseball stadium. Concessions at a ballpark or at another venue are called that because the stadium has granted the right to sell food to a certain provider. Chew on that the next time you're munching on peanuts at a game.

Example Sentences

He also proposed that the company reimburse him for the expenses he had incurred in waging the proxy fight, which is a common concession in settlement agreements.

From The Wall Street Journal • May 19, 2026

However, if Massie loses, a concession call might be better placed to the White House than to Gallrein.

From Slate • May 19, 2026

With league leaders Hearts cruising to a 3-0 win over Falkirk, the concession of a late equaliser at Motherwell looked like leaving Celtic three points back before Hearts go to Glasgow on Saturday.

From BBC • May 13, 2026

House prices had risen 400 percent since 1999, a rate twice as fast as incomes, partly blamed on a tax concession that allowed housing investors to offset losses against their wages.

From Barron's • May 12, 2026

It was enough of a concession for Bobby, and he agreed to play.

From "Endgame" by Frank Brady

Related Words

• acknowledgment
• admission
• compromise
• deal
• grant
• permit
• privilege