[con.ces.sion] n [ME, fr. MF or L; MF, fr. L concession-, concessio, fr. concedere to concede] (15c) 1 a: the act or an instance of conceding b: the admitting of a point claimed in argument
2: something conceded: a: acknowledgment, admission b: grant c (1): a grant of land or property esp. by a government in return for services or for a particular use (2): a right to undertake and profit by a specified activity (3): a lease of a portion of premises for a particular purpose; also: the portion leased or the activities carried on -- con.ces.sion.al adj -- con.ces.sion.ary adj