Meaning of CONCESSION in English


noun the act of conceding or yielding; usually implying a demand, claim, or request, and thus distinguished from giving, which is voluntary or spontaneous.

2. concession ·noun 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.

Webster English vocab.      Английский словарь Webster.