Concession

Definition of Concession

Con`ces´sion
n.1.The act of conceding or yielding; usually implying a demand, claim, or request, and thus distinguished from giving, which is voluntary or spontaneous.
By mutual concession the business was adjusted.
- Hallam.
2.A thing yielded; an acknowledgment or admission; a boon; a grant; esp. a grant by government of a privilege or right to do something; as, a concession to build a canal.
This is therefore a concession, that he doth . . . believe the Scriptures to be sufficiently plain.
- Sharp.

Related Words

abatement, abatement of differences, acceptance, accommodation, accordance, acknowledgment, adjustment, agio, allowance, appease, appreciation, arrangement, assuage, avowal, award, awarding, bank discount, bargain, bestowal, bestowment, boutique, breakage, brevet, calm, cash discount, cession, chain discount, chain store, charge-off, charter, circumscription, co-op, communication, composition, compromise, conciliate, conferment, conferral, confession, contribution, cooperative, cop-out, countinghouse, country store, cut, deal, declaration, deduction, deliverance, delivery, department store, depreciation, desertion of principle, dime store, diploma, discount, discount house, discount store, donation, drawback, emporium, endowment, establishment, evasion of responsibility, exception, exemption, extenuating circumstances, five-and-ten, franchise, furnishment, general store, gifting, give-and-take, giving, giving way, grain of salt, grant, granting, hedge, hedging, house, impartation, impartment, intervene, investiture, kickback, lean, letters patent, liberality, liberty, limitation, magasin, mail-order house, market, mart, mediate, mental reservation, modification, mollify, mutual concession, offer, owning, owning up, patent, penalty, penalty clause, percentage, persuade, placate, post, premium, presentation, presentment, prevail, price reduction, price-cut, profession, propitiate, provision, qualification, quiet, rebate, rebatement, recognition, reduction, refund, reservation, restriction, retail store, rite of confession, rollback, royal grant, salon, salvage, salvo, setoff, settlement, shop, shrift, soothe, special case, special treatment, specialness, specification, store, subscription, supermarket, supplying, surrender, sweeten, tare, time discount, trade discount, trading post, tranquilize, tret, unbosoming, underselling, understanding, variety shop, variety store, vouchsafement, waiver, warehouse, wareroom, wholesale house, write-off
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