concession

Definitions

A thing that is granted, especially in response to demands.

A preferential allowance or rate given by an organization or government.

The right to use land or other property for a specified purpose, granted by a government or company.

Examples

The company made a major concession to the labor union to avoid a strike.

After hours of intense negotiation, the candidate finally made a concession to his opponent.

Synonyms

compromise adjustment allowance acknowledgment grant yielding submission

Antonyms

refusal denial defiance resistance opposition rejection disagreement