Part of Speech

Noun, Verb

Pronunciation

/kənˈsɛʃən/

Definitions

• A thing that is granted, especially in response to demands.
• The action of conceding or granting something, typically in negotiations or disputes.
• A small shop or stall selling refreshments, typically at a sports venue or theater.

Usage Examples

• They made a concession to the workers by offering higher wages.
• The government’s concession helped to ease the tension between the two countries.
• We grabbed a snack from the concession stand before the movie started.

Etymology

From Latin "concessio," meaning a yielding or grant, from "concedere" meaning to yield or grant.

Synonyms

• Grant
• Yield
• Allowance
• Compromise
• Accommodation

Antonyms

• Denial
• Refusal
• Rejection
• Obstruction

Translations

Regional Pronunciation Variations

• In American English: /kənˈsɛʃən/
• In British English: /kənˈsɛʃən/
• In Australian English: /kənˈsɛʃən/

Historical Usage

The term "concession" has been used since the late 16th century to refer to grants made by governments or monarchs, usually in the form of privileges or rights.

Cultural Nuances

In some cultures, concessions in negotiations are seen as a sign of weakness, while in others, they are considered necessary for compromise and peacebuilding.

More Information

Concession plays a crucial role in diplomacy, economics, and day-to-day negotiations. In economics, it often refers to a reduction in price or tax, sometimes given to encourage a deal or to alleviate hardship. In the context of politics, it is frequently associated with the act of yielding or making compromises during negotiations, such as in peace treaties or labor disputes. The concept has been key throughout history, often symbolizing the balance between power and compromise in human relations.