Definition of Concession

an item or privilege that is given

Examples of Concession in a sentence

Since the developer could not give the landowner his desired concession, he was not able to buy the land for the new subdivision.  🔊

The prosecutor must be willing to offer a concession of leniency if he wants the defendant to testify against his co-conspirators.  🔊

Because of the storm, the city has made a concession that gives citizens a grace period to pay their utility bills without a fee.  🔊

The management is willing to give the employees a ten percent salary increase as a concession if they end the strike immediately.  🔊

As a concession for being late, the taxi driver offered me a fifty percent discount on the fare.  🔊

The union was not impressed by the concession the county offered the teachers to return to work.  🔊

In exchange for investing in my company, the investor is asking for a concession that amounts to twenty-five percent of the business.  🔊

With neither of the country leaders willing to make a concession to ease trade restrictions, the negotiations have ended.  🔊

The hotel offered the newlyweds a free bottle of champagne as a concession for not having their suite ready.  🔊

If the prisoners do not receive the concession they requested, they will not release the guards they are holding as hostages.  🔊

Other words in the Money and Business category:

Most Searched Words (with Video)