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    CONCESSION

    Pronunciation (US): Play  (GB): Play

     I. (noun) 

    Sense 1

    Meaning:

    A contract granting the right to operate a subsidiary businessplay

    Example:

    he got the beer concession at the ball park

    Synonyms:

    concession; grant

    Classified under:

    Nouns denoting communicative processes and contents

    Hypernyms ("concession" is a kind of...):

    contract (a binding agreement between two or more persons that is enforceable by law)

    Hyponyms (each of the following is a kind of "concession"):

    franchise (an authorization to sell a company's goods or services in a particular place)

    Sense 2

    Meaning:

    The act of conceding or yieldingplay

    Synonyms:

    conceding; concession; yielding

    Classified under:

    Nouns denoting communicative processes and contents

    Hypernyms ("concession" is a kind of...):

    acquiescence; assent (agreement with a statement or proposal to do something)

    Hyponyms (each of the following is a kind of "concession"):

    bye; pass (an automatic advance to the next round in a tournament without playing an opponent)

    Derivation:

    concede (be willing to concede)

    concede (acknowledge defeat)

    concede (give over; surrender or relinquish to the physical control of another)

    Sense 3

    Meaning:

    A point conceded or yieldedplay

    Example:

    they won all the concessions they asked for

    Classified under:

    Nouns denoting communicative processes and contents

    Hypernyms ("concession" is a kind of...):

    agreement (the verbal act of agreeing)

    Hyponyms (each of the following is a kind of "concession"):

    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)

    Credits

     Context examples: 

    A mighty concession indeed!

    (Sense and Sensibility, by Jane Austen)

    He had nothing to urge against it, but still resisted the idea of a letter of proper submission; and therefore, to make it easier to him, as he declared a much greater willingness to make mean concessions by word of mouth than on paper, it was resolved that, instead of writing to Fanny, he should go to London, and personally intreat her good offices in his favour.

    (Sense and Sensibility, by Jane Austen)


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