noun the action of conceding or granting something
In politics, a concession can refer to a compromise or agreement made by one party to another in order to reach a resolution or avoid conflict.
In real estate, a concession can refer to a benefit or incentive offered by a seller to a buyer, such as a price reduction or additional amenities.
In business, a concession refers to a grant or a privilege given by one party to another, often in negotiations or agreements.
In sports, a concession can refer to a point or goal given to the opposing team as a result of a penalty or other circumstance.
In entertainment, a concession can refer to a discount or special offer given to customers, such as in movie theaters or theme parks.
In writing, a concession is when an author acknowledges an opposing viewpoint or argument before refuting it in order to strengthen their own argument.
In psychology, a concession may refer to a therapist acknowledging a patient's point of view or feelings before offering a different perspective or suggestion.
In negotiation, a concession is when one party gives up or compromises on a certain aspect of a deal in order to reach an agreement with the other party.
In politics, a concession is when a candidate publicly acknowledges their opponent's victory in an election and concedes defeat.
In sales, a concession may refer to offering a discount or additional benefit to a customer in order to close a deal or make a sale.