concession noun definition in Train and bus travel topic from the Oxford Advanced Learner's Dictionary

concession

 noun: Train and bus travel topic
[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