What context can I use each word in?
Learn when and how to use these words with these examples!
concession
Example
The company made a concession to the union by agreeing to increase wages. [concession: noun]
Example
He conceded to her demands and agreed to compromise. [conceded: verb]
Example
The store offered a concession on the price of the item. [concession: noun]
settlement
Example
The two sides reached a settlement in the lawsuit. [settlement: noun]
Example
The pioneers established a settlement in the wilderness. [settlement: noun]
Example
She made a settlement with her creditors to pay off her debts. [settlement: noun]
Good things to know
Which word is more common?
Settlement is a more common word than concession in everyday language, as it has a wider range of meanings and applications.
What’s the difference in the tone of formality between concession and settlement?
Both concession and settlement can be used in formal contexts, such as legal or business settings. However, settlement may be more commonly used in these contexts due to its broader range of meanings and applications.
