concessionnoun
uk/kənˈseʃ.ən/us/kənˈseʃ.ən/concession noun (SOMETHING ALLOWED)
C2 [ C or U ] something that is allowed or given up, often in order to end a disagreement, or the act of allowing or giving this:
Both sides involved in the conflict made some concessions in yesterday's talks.
He stated firmly that no concessions will be made to the terrorists.
See also
concede
[ U ] the act of admitting defeat:
The former president's concession came even before all the votes had been counted.
a concession speech
More examples
- Some politicians fear that agreeing to the concession would set a dangerous precedent.
- She didn't make any concessions to the fact that we were tired.
- His only concession was that we were allowed to sit down during the speeches.
- The kidnappers have made significant concessions to their demands.
- We will not make any concessions to people found to be in breach of the law.
Thesaurus: synonyms and related words
Allowing and permitting
- admit of sth
- allow
- allow of sth
- allowable
- authorization
- authorize
- green
- leave
- let
- let sb/sth in
- let sb/sth out
- licence
- license
- mandate
- OK
- open the floodgates idiom
- sanction
- submit
- unlicensed
- variance
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You can also find related words, phrases, and synonyms in the topics:
Admitting & confessing
concession noun (LOWER PRICE)
C2 [ C ] UK a reduction in the usual price of something, made available to students, old people, etc.:
You can get travel concessions if you are under 26.
Thesaurus: synonyms and related words
Price decreases
- bargain bin
- bearish
- closeout
- cut-price
- deduction
- deflate
- depreciate
- depreciation
- discount
- downturn
- knock
- knock sb/sth down
- mark
- offer
- put
- put sth down 1
- roll
- roll sth back
- slump
- tumble
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concession noun (RIGHT)
[ C ] a special right to property or land
[ C ] the right to sell a product in a particular area
Thesaurus: synonyms and related words
Mortgages & real estate
- brick
- chain
- endowment policy
- estate agency
- Fannie Mae
- Freddie Mac
- holding
- home buyer
- housebuyer
- land tenure
- landholding
- leasehold
- leaseholder
- lessee
- negative equity
- open house
- owner-occupied
- rateable value
- real estate agent
- title deed
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You can also find related words, phrases, and synonyms in the topics:
Selling