Concession
/kənˈsɛʃ.ən/noun
A thing that is granted, especially in response to demands.
Did you know?The concept of concession has roots in ancient treaties, where yielding was often seen as a strategic move in negotiations, hinting at the balance of power.
Etymological Timeline
Latin
Latin
concessio
“the act of yielding or granting”
Old French
Old French
concession
“a grant or yielding of something”
Middle English
Middle English
concessioun
“the act of granting something”
Modern English
English
concession
“a formal yielding or compromise in negotiation”