concession Definition
a thing that is granted, especially in response to demands; a reduction made in price or cost.
Using concession: Examples
Take a moment to familiarize yourself with how "concession" can be used in various situations through the following examples!
Example
The company made several concessions to the union during negotiations.
Example
The seller offered a concession of 10% to the buyer.
Example
The government's concession to reduce taxes was welcomed by the public.
concession Synonyms and Antonyms
Synonyms for concession
Idioms Using concession
make concessions
to compromise or yield on certain demands or positions in order to reach an agreement
Example
Both sides had to make concessions in order to reach a peace agreement.
without making any compromises or allowances
Example
The company stood firm without concession on its decision to lay off employees.
to allow or give something, especially in response to a demand or request
Example
The government agreed to grant a concession to the protesters and reduce the tax hike.
Phrases with concession
concession stand
a small structure or booth where food, drinks, or other items are sold, typically at a sports event or movie theater
Example
I'll meet you at the concession stand after the game.
a speech given by a candidate who has lost an election, conceding defeat and congratulating the winner
Example
After the election results were announced, the candidate gave a gracious concession speech.
a person or company that operates a concession, such as a food stand or gift shop, in a particular location
Example
The park's concessionaire sells snacks and souvenirs to visitors.
Origins of concession
from Latin 'concessio', meaning 'a granting'
Summary: concession in Brief
The term 'concession' [kənˈsɛʃ(ə)n] refers to a thing that is granted, often in response to demands, or a reduction made in price or cost. It can be used in various contexts, such as business negotiations, political agreements, or sports events. Examples include 'The company made several concessions to the union during negotiations,' and 'The seller offered a concession of 10% to the buyer.' 'Concession' extends into phrases like 'concession stand,' and idioms like 'make concessions,' denoting compromise, and 'without concession,' implying no compromise.
