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Definitions from the Web

concesion

Noun

Definition: A contract or agreement under which the government grants a company the right to operate a specific business or provide a certain service.

Example sentence: The concesion allowed the company to build and operate a toll road for the next 50 years.

Related products: Concession Agreements, Infrastructure Concessions

Noun

Definition: A privilege or right granted, often as an exclusive right, by a government, local authority, or other controlling body.

Example sentence: The city council granted the concesion of the park's food stalls to the highest bidder.

Related products: Exclusive Rights Grants, Local Authority Privileges

Noun

Definition: The act or process of conceding or yielding something.

Example sentence: After a long debate, the team captain made a concesion and allowed the opposing team to choose the side of the pitch.

Related products: Yielding Process, Compromising Tactics

Noun

Definition: A formal acknowledgment or recognition of an opposing claim, opinion, or belief.

Example sentence: Despite their disagreements, they found common ground in their concesion that both ideas had merit.

Related products: Acknowledgment of Opposing Views, Recognition of Opposing Claims

Verb

Definition: To grant or give up something in a reluctant or unwilling manner.

Example sentence: He concesioned his control over the company to his business partner due to personal reasons.

Related products: Granting Something Reluctantly, Relinquishing Control