concession

Meanings

1. 1
   noun

   something you allow or give up to end an argument or reach agreement

   Both sides made concessions to reach a deal.

2. 2
   noun

   the right to run a small business in a particular place

   They won the food concession at the stadium.

From late Middle English concession, from Middle French concession, from Latin concessiō (“a grant, permission, conceding”), from concēdō. Doublet of concessio.

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