concession
The noun concession comes in handy in negotiations — between countries, political parties, or even parents and their kids. Want a raise in your allowance? You may have to agree to do more chores as a concession before your parents will agree.
Although a concession in an argument is the act of yielding or granting something, don't get confused and think that a concession stand is called that because the workers are granting you popcorn at the baseball stadium. Concessions at a ballpark or at another venue are called that because the stadium has granted the right to sell food to a certain provider. Chew on that the next time you're munching on peanuts at a game.
-
the act of conceding or yielding
-
a point conceded or yielded“they won all the concessions they asked for”
-
types:
- show 4 types...
- hide 4 types...
-
sop
a concession given to mollify or placate
-
judicial admission, stipulation
(law) an agreement or concession made by parties in a judicial proceeding (or by their attorneys) relating to the business before the court; must be in writing unless they are part of the court record
-
takeaway
a concession made by a labor union to a company that is trying to lower its expenditures
-
wage concession
an agreement to raise wages
-
type of:
-
agreement
the verbal act of agreeing
-
a contract granting the right to operate a subsidiary business
-
a small business that operates in a larger business or public place
-
type of:
-
business, business concern, business organisation, business organization, concern
a commercial or industrial enterprise and the people who constitute it
-
business, business concern, business organisation, business organization, concern
-
(usually plural) refreshments or other items purchased at a small business that operates in a larger business or public place
Look up concession for the last time
Close your vocabulary gaps with personalized learning that focuses on teaching the words you need to know.
