concession (Meaning)

Wordnet

concession (n)

a contract granting the right to operate a subsidiary business

the act of conceding or yielding

a point conceded or yielded

concession Sentence Examples

  1. The company made a significant concession by lowering its prices to attract more customers.
  2. During negotiations, both parties agreed to make concessions to reach a compromise.
  3. The government granted a concession to the company, allowing it to operate in a protected area.
  4. As a sign of goodwill, the manager offered a concession to the disgruntled customer.
  5. The union secured several concessions from the management, including improved working conditions.
  6. Making concessions is often a necessary part of diplomatic negotiations.
  7. The landlord made a concession by reducing the rent for the struggling tenant.
  8. The team's coach demanded more effort and fewer concessions from the players during the next game.
  9. The politician promised to fight against any concession that threatened the rights of the citizens.
  10. Despite facing pressure from shareholders, the CEO refused to make any further concessions regarding the company's policies.

FAQs About the word concession

a contract granting the right to operate a subsidiary business, the act of conceding or yielding, a point conceded or yielded

compromise,negotiation, accommodation, agreement, bargain,consensus, horse trade, deal, understanding, give-and-take

repudiation, rejection,disavowal, disavowal, denial, denial, rejection, repudiation, disclaimer, renouncement

The company made a significant concession by lowering its prices to attract more customers.

During negotiations, both parties agreed to make concessions to reach a compromise.

The government granted a concession to the company, allowing it to operate in a protected area.

As a sign of goodwill, the manager offered a concession to the disgruntled customer.