concession

noun

1. a contract granting the right to operate a subsidiary business

- he got the beer concession at the ball park

Similar word(s): grant

Definition categories: communication, contract

2. the act of conceding or yielding

Similar word(s): conceding, yielding

Definition categories: communication, acquiescence, assent

3. a point conceded or yielded

- they won all the concessions they asked for

Definition categories: communication, agreement

verb

1. To grant or approve by means of a concession agreement.