Concession — meaning, pronunciation & more

Definition

a contract granting the right to operate a subsidiary business

the act of conceding or yielding

Pronunciation

🇺🇸American English

/kˈɔstɹəl/

🇬🇧British English

/kənsˈɛʃən/

🇮🇳Indian English

/kənsˈɛʃən/

3 syllables Say it as /kˈɔstɹəl/.

Examples

he got the beer concession at the ball park
they won all the concessions they asked for

Synonyms & Antonyms

Synonyms

conceding yielding grant

Parts of Speech

noun	a contract granting the right to operate a subsidiary business “he got the beer concession at the ball park”
noun	the act of conceding or yielding
noun	a point conceded or yielded “they won all the concessions they asked for”

Word Forms

concede	verb	give over; surrender or relinquish to the physical control of another
yield	verb	be willing to concede

Around the World

Europe

🇩🇪German

Konzession

ein Vertrag, der das Recht einräumt, ein Tochterunternehmen zu betreiben

🇪🇸Spanish

concesión

un contrato que otorga el derecho a operar un negocio subsidiario

🇮🇹Italian

concessione

un contratto che conferisce il diritto di gestire un'attività controllata

🇳🇱Dutch

concessie

een contract dat het recht verleent een dochteronderneming te exploiteren

🇵🇹Portuguese

concessão

um contrato que concede o direito de operar uma empresa subsidiária

🇷🇺Russian

уступка

договор, дающий право на ведение дочернего бизнеса

India

🇮🇳Hindi

छूट

एक सहायक व्यवसाय संचालित करने का अधिकार देने वाला अनुबंध

🇧🇩Bengali

ছাড়

একটি সাবসিডিয়ারি ব্যবসা পরিচালনা করার অধিকার প্রদানকারী একটি চুক্তি

🇮🇳Tamil

சலுகை

துணை வணிகத்தை நடத்துவதற்கான உரிமையை வழங்கும் ஒப்பந்தம்

🇮🇳Telugu

రాయితీ

అనుబంధ వ్యాపారాన్ని నిర్వహించే హక్కును మంజూరు చేసే ఒప్పందం

🇮🇳Marathi

सवलत

उपकंपनी व्यवसाय चालवण्याचा अधिकार देणारा करार

🇮🇳Gujarati

છૂટ

પેટાકંપની વ્યવસાય ચલાવવાનો અધિકાર આપતો કરાર

🇮🇳Kannada

ರಿಯಾಯಿತಿ

ಅಂಗಸಂಸ್ಥೆ ವ್ಯವಹಾರವನ್ನು ನಿರ್ವಹಿಸುವ ಹಕ್ಕನ್ನು ನೀಡುವ ಒಪ್ಪಂದ

🇮🇳Malayalam

ഇളവ്

ഒരു സബ്സിഡിയറി ബിസിനസ് നടത്താനുള്ള അവകാശം നൽകുന്ന ഒരു കരാർ

🇮🇳Punjabi

ਰਿਆਇਤ

ਇੱਕ ਸਹਾਇਕ ਕਾਰੋਬਾਰ ਨੂੰ ਚਲਾਉਣ ਦਾ ਅਧਿਕਾਰ ਦੇਣ ਵਾਲਾ ਇਕਰਾਰਨਾਮਾ

🇵🇰Urdu

رعایت

ایک معاہدہ جو ماتحت کاروبار کو چلانے کا حق دیتا ہے۔

East & Southeast Asia

🇨🇳Chinese

让步

授予经营子公司权利的合同

🇯🇵Japanese

租界

補助事業を運営する権利を付与する契約

🇰🇷Korean

양보

자회사 운영권을 부여하는 계약

🇻🇳Vietnamese

nhượng bộ

một hợp đồng trao quyền điều hành một công ty con

🇹🇭Thai

สัมปทาน

สัญญาให้สิทธิในการดำเนินธุรกิจบริษัทย่อย

🇮🇩Indonesian

konsesi

kontrak yang memberikan hak untuk menjalankan bisnis anak perusahaan

🇵🇭Filipino

konsesyon

isang kontrata na nagbibigay ng karapatang magpatakbo ng isang subsidiary na negosyo

🇲🇾Malay

konsesi

kontrak yang memberikan hak untuk mengendalikan perniagaan subsidiari

Middle East

🇸🇦Arabic

امتياز

عقد يمنح الحق في تشغيل شركة تابعة

🇮🇷Persian

امتیاز

قراردادی که حق راه اندازی یک تجارت فرعی را اعطا می کند

🇹🇷Turkish

imtiyaz

bir yan kuruluşu işletme hakkını veren bir sözleşme

🇮🇱Hebrew

זִכָּיוֹן

חוזה המעניק זכות להפעיל עסק בת

Test Yourself1 / 3

What is the primary definition of the word 'concession'?

The primary meaning of 'concession' is 'a contract granting the right to operate a subsidiary business'.

Which of the following sentences uses the word 'concession' in a grammatically correct way?

Using 'concession' in a noun/adjective form makes the first sentence correct.

In which domain is the word 'concession' most likely to appear as standard vocabulary?

'concession' is a standard word used primarily in general literature and formal communications.

Community Poll1 / 6

How often do you encounter the word 'concession' in your daily reading?

Very Often

Occasionally

Rarely

Never

Do you find 'concession' easy to spell?

Yes, very easy

Somewhat easy

A bit confusing

Extremely hard

In your opinion, does the word 'concession' have a positive, neutral, or gloomy tone?

Positive

Neutral

Gloomy

Vibrant

Which age group is most likely to use 'concession' in regular conversations?

Kids (3-12)

Teens (13-19)

Adults (20-60)

Seniors (60+)

How likely are you to use 'concession' in a professional email?

Very likely

Somewhat likely

Not very likely

Never

Would you classify 'concession' as formal, casual, or slang?

Formal

Casual

Slang

Archaic

Pick an option to see how others voted