concession

1. (uncountable, usually)The act of conceding.

   the act of conceding or yielding

2. An act of conceding

   (uncountable, usually)A compromise: a partial yielding to demands or requests.

3. Land granted by an authority for some specific purpose

   (historical, uncountable, usually)A portion of a township, especially equal lots once granted to settlers in Canada.

4. (historical, uncountable, usually)A territory—usually an enclave in a major port—yielded to the administration of a foreign power.

   The French Concession in Shanghai

5. (Canada, uncountable, usually)A concession road: a narrow road between tracts of farmland, especially in Ontario, from their origin during the granting of concessions (see above).

6. (US, uncountable, usually)The premises granted to a business as a concession (see below)

7. A privilege granted by an authority, especially to conduct business on favorable terms within certain conditions and particularly:

   (uncountable, usually)A right to use land or an offshore area for a specific purpose, such as oil exploration.

8. (US, uncountable, usually)A right to operate a quasi-independent franchise of a larger company.

   a contract granting the right to operate a subsidiary business

9. (US, uncountable, usually)A right to operate a quasi-independent business within another's premises, as with concessions stands.

10. (uncountable, usually)A preferential tax rate.

11. (UK, uncountable, usually)A discounted price offered to certain classes of people, such as students or the elderly.

12. An act of conceding

    (rhetoric, uncountable, usually)An admission of the validity of an opponent's point in order to build an argument upon it or to move on to another of greater importance; an instance of this.

1. Will the concession stands be open?

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2. We believe that you will be able to make a price concession.

   deWir glauben, dass Sie uns beim Preis entgegenkommen können.

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3. We have to make concessions.

   ruМы должны пойти на уступки.

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4. Tom went to the concession stand.

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5. We solved the problem by mutual concessions.

   deWir haben das Problem durch gegenseitige Zugeständnisse gelöst.

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uncountable