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Definition concession in British English

concession noun

noun
/kənˈseʃ(ə)n/

▪ gain, grant, make, obtain, offer, secure, win

1

something you give or allow to someone in order to reach an agreement

Example

You have to be prepared to make concessions in a relationship.

Example

The company has already made several concessions on pay.

Example

He said there could be no concessions to the terrorists.

1.1

something that you choose to do because it is sensible or convenient for the situation you are in

Example

His only concession to the formality of the occasion was to wear a tie.

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2

a right that is given to a person or group, for example to sell something or do a particular activity

Example

Russia has recently sold timber concessions to Japanese and Korean companies.

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3

a reduction in the price of something for some groups of people such as students

Example

Tickets cost £10 (£5 concessions).

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3.1

a reduction in the rate of something such as taxes for some groups of people

Example

tax concessions

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4

the fact of admitting that you will not win something such as an argument or game

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Definition concession in British English