Origin: Latin suffix -sion
Concession has 5 different meanings across 1 category:
a contract granting the right to operate a subsidiary business
"he got the beer concession at the ball park"
the act of conceding or yielding
"He made a surprising concession to his opponent's argument by admitting that their initial data was actually quite sound."
The act of conceding.
"After a grueling debate, he finally made his concession by admitting that her point about climate change was valid."
To grant or approve by means of a concession agreement.
"The mayor signed the final documents to formally concede the historic downtown block to the new developer through a binding agreement."