Definition of Concession
Concession
con·ces·sion
Definition/Meaning
(noun)
The act of giving in or yielding, often in a dispute or negotiation.
e.g. The company made a concession to the union by agreeing to higher wages.
(noun)
a small shop or business in a public place (such as a stadium) where things are sold;
e.g. I bought 2 hot dogs from the guy at the concession.
(noun)
an act of conceding, as if by granting;
e.g. The company will seek further concessions before signing a contract of any sort.
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