WordWeb Online

1. A contract granting the right to operate a subsidiary business
   "he got the beer concession at the ball park"
   - grant
    
2. The act of conceding or yielding
   - conceding, yielding
    
3. A point conceded or yielded
   "they won all the concessions they asked for"

Derived forms: concessions

See also: concede, concessive

Type of: acquiescence, agreement, assent, contract

Encyclopedia: Concession Concession, Nova Scotia Concession, Zimbabwe