concession

- 5 dictionary results

con⋅ces⋅sion

[kuh

n-sesh-uh

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–noun

1.	the act of conceding or yielding, as a right, a privilege, or a point or fact in an argument: He made no concession to caution.

2.	the thing or point yielded: Management offered a shorter workweek as a concession.

3.	something conceded by a government or a controlling authority, as a grant of land, a privilege, or a franchise.

4.	a space or privilege within certain premises for a subsidiary business or service: the refreshment concession at a movie theater.

5.	Canadian. any of the usually sixteen divisions of a township, each division being 10 sq. mi. (26 sq. km) in area and containing thirty-two 200-acre lots.

Origin:
1605–15; 1910–15 for def. 4; < L concēssiōn- (s. of concēssiō), equiv. to concēss(us) (ptp. of concēdere to concede ) + -iōn- -ion

Related forms:

con⋅ces⋅sion⋅al, adjective

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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con·ces·sion (kən-sěsh'ən)

The act of conceding.
1. Something, such as a point previously claimed in argument, that is later conceded.
2. An acknowledgment or admission.
3. The privilege of maintaining a subsidiary business within certain premises.
4. The space allotted for such a business.
5. The business itself: had an ice-cream concession in the subway station.
A grant of a tract of land made by a government or other controlling authority in return for stipulated services or a promise that the land will be used for a specific purpose.
1. The privilege of maintaining a subsidiary business within certain premises.
2. The space allotted for such a business.
3. The business itself: had an ice-cream concession in the subway station.

[Middle English, from Latin concessiō, concessiōn-, from concessus, past participle of concēdere, to concede; see concede.]
con·ces'sion·al adj., con·ces'sion·ar'y (-sěsh'ə-něr'ē) adj.

The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Financial Dictionary

Concession

A selling group's compensation in a stock or bond underwriting agreement.

Investopedia Commentary

This is usually on a per-share or per-bond basis.

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Financial Dictionary

concession

The dollar discount from a security's retail selling price received by members of an underwriting syndicate. For example, a syndicate member paying $995 for a bond to be sold at par (that is, at $1,000) is receiving a $5 concession. Also called selling concession.

Legal Dictionary

Main Entry: con·ces·sion
Function: noun
1 : an act or instance of conceding or yielding
2 : something conceded: as a : ACKNOWLEDGMENT, ADMISSION b : something granted esp. as an inducement (as to enter into an agreement) c : a grant of real property esp. by a government in return for services or for a particular use (as settlement) d : a right to undertake a specified activity for profit on another's real property concession> e : a lease that grants a right to engage in a profitable activity on another's real property; also : the property or portion of the property subject to such a lease

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