concession
What does "concession" mean?
A concession is an act of yielding or giving in, typically during an argument, a negotiation, or a conflict. It represents the mental image of someone loosening their grip on a firm position to reach a middle ground or to acknowledge that the other party has made a valid point. In a formal or professional context, this term is frequently used to describe a compromise made to settle a dispute. It implies a strategic decision to trade something of value—like a demand or a price—in order to maintain a relationship or secure a broader agreement.
"concession" in conversation
Negotiating a contract
If we lower the price by five percent, will you sign today?
If we lower the price by five percent, will you sign today?
That’s a fair concession, Sarah. Let’s do it.
That’s a fair concession, Sarah. Let’s do it.
Used here to describe a purposeful reduction in demands to facilitate a deal.
Admitting a mistake
I suppose you were right about the scheduling conflict.
I suppose you were right about the scheduling conflict.
I appreciate that concession. It helps us move forward.
I appreciate that concession. It helps us move forward.
Refers to the act of admitting a point in an argument.
"concession" in a sentence
The company made a small concession to the union workers.
The company made a small concession to the union workers.
He refused to make any concessions during the heated debate.
He refused to make any concessions during the heated debate.
The treaty was signed only after both sides agreed to significant territorial concessions.
The treaty was signed only after both sides agreed to significant territorial concessions.
