concession
UK: kənˈseʃən | US: kənˈseʃən
n. 1. The act of yielding or compromising, often in negotiations.
n. 2. A privilege or right granted by an authority (e.g., a business concession).
n. 3. A discounted price or special allowance (e.g., student concession).
concession = con<together> + cess<go/yield> + ion<noun suffix>
- con<together>: From Latin cum, meaning "with" or "together."
- cess<go/yield>: From Latin cedere, meaning "to go, yield, or surrender."
- ion<noun suffix>: Forms nouns indicating an action or result.
Etymology Origin:
The word traces back to Latin concessionem (a granting or yielding), derived from concedere ("to give way, agree"). The root cedere appears in many English words (e.g., recede, access), reflecting movement or surrender. Over time, concession evolved to denote compromises in diplomacy, privileges (like land grants), and later, commercial or pricing allowances. The logic follows: "yielding together" → mutual compromise → granted privilege.
The government made a concession to lower taxes in the new policy.
She runs a food concession at the local stadium.
Students can travel at a concession fare with valid ID.
The union won concessions after lengthy negotiations.
His apology was a small concession to ease tensions.