definition of
concession

[1] #1 concession n. [grant] a contract granting the right to operate a subsidiary business; "he got the beer concession at the ball park". wn

[2] #2 concession n. [conceding, yielding] the act of conceding or yielding. wn

[3] #3 concession n. a point conceded or yielded; "they won all the concessions they asked for". wn