concession

Meanings

Noun

• The act of conceding.
• An act of conceding, particularly:
• A gift freely given or act freely made as a token of respect or to curry favor.
• A franchise: a business operated as a concession (see above).
• An item sold within a concession (see above) or from a concessions stand.
• A person eligible for a concession price (see above).

Verb

• To grant or approve by means of a concession agreement.

Related

Similar words

• tithe
• See franchise

Origin

• From late Middle English concession, from Middle French concession, from Latin concessiō, from concēdō