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  2. It is commonly used to indicate something that has been conceded (as when the politician who loses a race gives a concession speech, or when someone makes a concession in an argument).
    www.merriam-webster.com/dictionary/concession
    something that you agree to give someone or allow them to do, especially in order to end an argument or disagreement: concession to sb As a concession to environmental groups, the energy giant agreed to scale down its coal plant expansion plans.
    dictionary.cambridge.org/us/dictionary/english/conc…
     
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    What is concession?Definition of concession noun from the Oxford Advanced Learner's Dictionary [countable, uncountable] something that you allow or do, or allow somebody to have, in order to end an argument or to make a situation less difficult The firm will be forced to make concessions if it wants to avoid a strike.
    What does it mean if a firm is forced to make concessions?[countable, uncountable] something that you allow or do, or allow somebody to have, in order to end an argument or to make a situation less difficult The firm will be forced to make concessions if it wants to avoid a strike. She made no concession to his age; she expected him to work as hard as she did. Want to learn more?
    Why do we have to make concessions?In order to arrive at these agreements, individuals have to make concessions. He won't make concessions, or rather, he can't make them; he can't supply the market. We must make concessions, even if we make many twists and turns and climb steep grades; we cannot afford to pass business by.
    What is another word for make concessions?The czar's answer was decisive; he absolutely refused to "make concessions (to the revolutionists), as the price of their crimes." On this page you'll find 16 synonyms, antonyms, and words related to make concessions, such as: accommodate, agree, bargain, compromise, find a happy medium, and find the middle ground.
    What is a seller concession?Seller concessions are usually communicated in the offer letter and most commonly accepted when buyers have more control of the market. For buyers, seller concessions can reduce upfront closing costs or make a home purchase more affordable. For sellers, concessions can make their home more attractive to buyers to help close the deal.
    What is a mining concession?The company has just won a mining concession in the north of the country. [countable] the right to sell something in a particular place; the place where you sell it, sometimes an area that is part of a larger building or store (especially US English) They went to the concession stand to get a hot dog.
     
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