Concession
volume
British pronunciation/kənsˈɛʃən/
American pronunciation/kənˈsɛʃən/

Definition & Bedeutung von "concession"

Concession
01

Eingeständnis

a contractual agreement that grants a company or individual the right to operate a subsidiary business, such as a store or a kiosk, within the premises of another business or organization
02

Konzession

something that is done, allowed, or allowed to have in order to put an end to a disagreement; the act of giving or allowing this
03

Eingeständnis

a point conceded or yielded
example
Beispiel
examples
Their concession on several key issues led to a successful merger.
The landlord made a concession by reducing the rent for the tenants.
The negotiator's concession helped finalize the peace agreement.
He offered a concession by agreeing to some of the terms in the contract.
The company made a concession on salary increases to resolve the labor dispute.
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