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Concession
01
特许经营权, 运营权
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
让步, 特许权
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
Example
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.
03
让步, 妥协
a point conceded or yielded
