Concessionary
volume
British pronunciation/kənsˈɛʃənəɹi/
American pronunciation/kənsˈɛʃənˌɛɹi/

Definition & Meaning of "concessionary"

concessionary
01

referring to the act of granting privileges, discounts, or allowances

concessionary

adj
example
Example
The airline introduced concessionary fares for frequent flyers as part of their loyalty program.
The company offered concessionary pricing for students and senior citizens at the movie theater.
The union negotiated concessionary terms with the employer to prevent layoffs during the economic downturn.
The landlord agreed to grant concessionary rent to the nonprofit organization leasing the space for their community center.
As a gesture of goodwill, the government made concessionary loans available to struggling businesses.
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