noun
Etymology: Middle English concessyon, from Anglo-French concessioun, from Latin concession-, concessio, from concedere to concede
Date: 15th century
1. the act or an instance of conceding, the admitting of a point claimed in argument, something conceded:, acknowledgment , admission , grant , c. a grant of land or property especially by a government in return for services or for a particular use, a right to undertake and profit by a specified activity, a lease of a portion of premises for a particular purpose, concessional adjective concessionary adjective
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