concession

Pronunciation: /kənˈsɛʃən/

Reading level: hard

Estimated CEFR level: C1 — Advanced

Estimated from word frequency; not an official CEFR classification.

Definition

  1. noun a contract granting the right to operate a subsidiary business
  2. noun the act of conceding or yielding
  3. noun a point conceded or yielded

Etymology

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

In classic literature

Synonyms

grant

Semantic network

Broader (hypernyms)
contract
Narrower (hyponyms)
franchise

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