concession Meaning, Definition & Usage
- 
       noun a contract granting the right to operate a subsidiary business
       
       
grant.
- he got the beer concession at the ball park
 
 - 
       noun the act of conceding or yielding
       
       
conceding; yielding.
 - 
       noun a point conceded or yielded
        
      
- they won all the concessions they asked for
 
 
WordNet
Con*ces"sion noun
Etymology
L.Definitions
-  
The act of conceding or yielding; usually implying a demand, claim, or request, and thus distinguished from giving, which is voluntary or spontaneous. By mutual concession the business was adjusted. Hallam.
 -  
A thing yielded; an acknowledgment or admission; a boon; a grant; esp. a grant by government of a privilege or right to do something; as, a .concession to build a canalThis is therefore a concession , that he doth . . . believe the Scriptures to be sufficiently plain. Sharp.
When a lover becomes satisfied by small compliances without further pursuits, then expect to find popular assemblies content with small concessions. Swift.