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concession

   Also found in: Dictionary/thesaurus, Legal, Financial, Acronyms, Wikipedia 0.04 sec.
concession
1. Brit a reduction in the usual price of a ticket granted to a special group of customers
2. any grant of rights, land, or property by a government, local authority, corporation, or individual
3. US and Canadian
a. the right to maintain a subsidiary business on a lessor's premises
b. the premises so granted or the business so maintained
c. a free rental period for such premises


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We have a right here, having discovered this cavern, and we claim it under a concession of the Honduras Government.
We have little patience with those liberal clergy who dwell on nothing else than the difficulties of faith and the propriety of concession to the opposite force.
Her hair, black but plentifully shot with grey, was brushed plainly back from her high forehead, and was gathered under a small round felt hat, like that of a man, with one sprig of feather in the band as a concession to her sex.
 
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