Kuensel Online: Private schools decides to give 15% concession on tuition fees
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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).
CONCESSION definition: the act of conceding or yielding, as a right, a privilege, or a point or fact in an argument. See examples of concession used in a sentence.
CONCESSION definition: 1. something that is allowed or given up, often in order to end a disagreement, or the act of…. Learn more.
A concession is an arrangement where someone is given the right to sell a product or to run a business, especially in a building belonging to another business.
concession is one of the 5,000 most common words in modern written English. It is similar in frequency to words like breathing, contractor, instant, meter, and scream.