concession

1 ENTRIES FOUND:
concession /kənˈsɛʃən/ noun
plural concessions
concession
/kənˈsɛʃən/
noun
plural concessions
Britannica Dictionary definition of CONCESSION
1 
[count] : the act of conceding something: such as
a  : the act of giving up something or doing something in order to reach agreement
b  : the act of admitting that you have been defeated in a contest
2 
[count] : something that you allow or do to end a conflict or reach an agreement
3 
[count] : something that is done because a particular situation makes it necessary or desirable — + to
4 
US
a  [count] : the right to sell something or do business on property that belongs to the government or to another company or person
b  [count] : a small business or shop where things are sold in a public place (such as a sports stadium)
c  concessions [plural] : things sold at a concession stand
5 
[count] British : a special lower price or rate