English

Definition of concession noun from the Oxford Advanced Learner's Dictionary

     

    concession

     noun
    noun
    BrE BrE//kənˈseʃn//
     
    ; NAmE NAmE//kənˈseʃn//
     
    Train and bus travel
     
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  1. 1[countable, uncountable] something that you allow or do, or allow somebody to have, in order to end an argument or to make a situation less difficult The firm will be forced to make concessions if it wants to avoid a strike. to win a concession from somebody a major/an important concession She made no concession to his age; she expected him to work as hard as she did. see also concede
  2. 2[uncountable] the act of giving something or allowing something; the act of conceding the concession of university status to some colleges (especially North American English) McCain’s concession speech (= when he admitted that he had lost the election)
  3. 3[countable, usually plural] (British English) a reduction in an amount of money that has to be paid; a ticket that is sold at a reduced price to a particular group of people tax concessions Tickets are £3; there is a £1 concession for students. Adults £2.50, concessions £2, family £5 See related entries: Train and bus travel
  4. 4[countable] a right or an advantage that is given to a group of people, an organization, etc., especially by a government or an employer The Bolivian government has granted logging concessions covering 22 million hectares.
  5. 5[countable] the right to sell something in a particular place; the place where you sell it, sometimes an area which is part of a larger building or store the burger concessions at the stadium They went to the concession stand to get a hot dog.
  6. Word Origin late Middle English: from Latin concessio(n-), from the verb concedere, from con- ‘completely’ + cedere ‘yield’.Extra examples The company has just won a mining concession in the north of the country. The company will be forced to make concessions to the union. The pressure group has won a number of concessions on environmental policy. They made no concessions to his disability. Travel concessions are available to older people. Military support was offered in return for the concession of territory. They may grant tax concessions to encourage foreign investors. They remained unwilling to make any substantial concessions.
See the Oxford Advanced American Dictionary entry: concession