Meaning of CONCESSION in English

CONCESSION

transcription, транскрипция: [ kənˈseʃən ]

n. 1 a the act or an instance of conceding (made the concession that we were right). b a thing conceded. 2 a reduction in price for a certain category of person. 3 a the right to use land or other property, granted esp. by a government or local authority, esp. for a specific use. b the right, given by a company, to sell goods, esp. in a particular territory. c the land or property used or given. øøconcessionary adj. (also concessional). [F concession f. L concessio (as concede)]

English main colloquial, spoken dictionary.      Английский основной разговорный словарь.