kənˈseʃən n. 1 a
the act or an
instance of conceding (made the concession
that we
were right). b a
thing conceded. 2 a
reduction in
price for a
certain category of
person. 3 a the
right to
use land or
other property, granted
esp. by a
government or
local authority, esp. for a
specific use. b the right,
given by a
company, to
sell goods, esp. in a
particular territory. c the land or property used or given. øøconcessionary adj. (also concessional). [F concession f. L concessio (as concede)]