Meaning of concession in English

concession

noun

/kənˈseʃ.ən/ uk

/kənˈseʃ.ən/

concession noun (SOMETHING ALLOWED)

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C2 [ C or U ]

something that is allowed or given up, often in order to end a disagreement, or the act of allowing or giving this:

Both sides involved in the conflict made some concessions in yesterday's talks.

He stated firmly that no concessions will be made to the terrorists.

See

concede (ADMIT)

[ U ]

the act of admitting defeat:

The former president's concession came even before all the votes had been counted.

a concession speech

More examplesFewer examples

Some politicians fear that agreeing to the concession would set a dangerous precedent.
She didn't make any concessions to the fact that we were tired.
His only concession was that we were allowed to sit down during the speeches.
The kidnappers have made significant concessions to their demands.
We will not make any concessions to people found to be in breach of the law.

SMART Vocabulary: related words and phrases

Allowing and permitting

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You can also find related words, phrases, and synonyms in the topics:

Admitting & confessing

concession noun (LOWER PRICE)

C2 [ C ] UK

a reduction in the usual price of something, made available to students, old people, etc.:

You can get travel concessions if you are under 26.

SMART Vocabulary: related words and phrases

Price decreases

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concession noun (RIGHT)

[ C ]

a special right to property or land

[ C ]

the right to sell a product in a particular area

SMART Vocabulary: related words and phrases

Mortgages & real estate

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You can also find related words, phrases, and synonyms in the topics:

Selling

(Definition of concession from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)

concession | Intermediate English

concession

noun

/kənˈseʃ·ən/

concession noun (SOMETHING GIVEN UP)

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[ C/U ]

something allowed or given up, often in order to end a disagreement, or the act of allowing or giving up something:

[ C ] Both sides involved in the talks made concessions.

[ C/U ]

Concession can also be the act of admitting defeat:

[ U ] a concession speech

concession noun (SALES PLACE)

[ C ]

permission to sell something, esp. in part of a store owned by someone else, or a business that sells something:

A lot of movie theater profits come from their candy concessions.

(Definition of concession from the Cambridge Academic Content Dictionary © Cambridge University Press)

concession | Business English

concession

noun

/kənˈseʃən/ us

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[ C or U ]

something that you agree to give someone or allow them to do, especially in order to end an argument or disagreement:

concession to sb As a concession to environmental groups, the energy giant agreed to scale down its coal plant expansion plans.

demand/seek concessions The administration has demanded concessions from auto workers as part of the "viability plan" it is preparing.

offer/make concessions We would be prepared to make concessions in order to reach an agreement.

See also

concede

[ C ] COMMERCE

a small business that is allowed to sell goods, food, or services on property owned by someone else, for example, inside an airport or a large store:

open/operate/run a concession The furniture and homeware retailer has recently opened its first concession within a garden centre.

Fans were stocking up on hamburgers and hotdogs at the concession stand.

airport/hotel/stadium concessions

[ C ] COMMERCE

official permission to carry out a particular type of business, or to own or do work on a particular piece of property or land, given by a government or company:

The government plans to sell a 50-year concession to operate the southeastern rail line.

award/grant a concession We are delighted to have been awarded the concession for the development of the airport.

The mining company was granted a concession agreement to mine and market diamonds.

[ C ] mainly UK

a reduction for particular groups of people in the amount of money that has to be paid for something:

give/offer concessions Many railways offer fare concessions for passengers with disabilities.

Tax concessions will be made available to non-profit organizations.

[ C ] FINANCE, STOCK MARKET

the amount of money that an underwriter receives as payment when new shares are sold to the public for the first time:

Investment bankers compensate members of the selling syndicate through payment of a selling concession, which is a type of sales commission.

(Definition of concession from the Cambridge Business English Dictionary © Cambridge University Press)

Examples of concession

concession

The report said oil or gas concessions had been granted in 40 of the sites and mining concessions in 42.

From Phys.Org

But, that move failed to impress amid skepticism that the retreat was a strategic imperative and less a diplomatic concession.

From TIME

In nearly all cases, the authority retained all parking revenues, and usually concession revenues as well.

From The Star-Ledger - NJ.com

Sometimes, they use these tactics to extract concessions from the opposing party.

From International Business Times

It expressly prohibits using threats or violence to unionize employees or extract concessions from employers.

From Heritage.org

Exactly how much do movie theaters make on concessions?

From Hollywood Reporter

The mayor blamed the unions for not being willing to make job saving concessions.

From The Star-Ledger - NJ.com

The researchers suggested giving more priority to resolving the problem than to making costly concessions such as store credits or free shipping.

From The Seattle Times

That includes money for tax concessions, for research and development, and the value of regulations (such as exemptions from price controls).

From NPR

Although these may appear to be small concessions, they require cooperation and understanding on all sided of the seniority continuum.

From Plain Dealer

The political switch infuriated environmentalists but is a concession to economic reality.

From Slate Magazine

We see no reason for such a concession.

From Los Angeles Times

These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.

Collocations with concession

concession

These are words often used in combination with concession.

Click on a collocation to see more examples of it.

additional concession

There cannot be great mechanical difficulties standing in the way of this additional concession being made.

From the

Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0

certain concession

I think we can ask for a certain concession under that head.

From the

Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0

concession area

The terms of the licence provide that not less than half the concession area shall be surrendered at the end of the initial six years period of the licence.

From the

Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0

See all collocations with concession

What is the pronunciation of concession?

Translations of concession

in Chinese (Traditional)

允許的事, （常指為結束爭端而作出的）認可，讓步，妥協, 認輸…

Meaning of concession in English

concession noun (SOMETHING ALLOWED)

concession noun (LOWER PRICE)

concession noun (RIGHT)

concession | Intermediate English

concession noun (SOMETHING GIVEN UP)

concession noun (SALES PLACE)

concession | Business English

Examples of concession

Collocations with concession

concession

Translations of concession

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