Concession
Legal Definition and Related Resources of Concession
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Meanings, Synonyms, Etymology, Translations and More
Meaning of Concession
A privilege or space granted or leased for a particular use within specified premises. See Citv of Detroit v Tygard, 161 N. W.2d 1, 381 Mich. 271. The grantee of a concession is known as a concessionaire.
Concession Alternative Definition
A grant. The word Is frequently used in this sense when applied to grants made by the French and Spanish governments in Louisiana.
Synonyms of Concession
(Authorization), noun
allowance
authority
authorization
bestowal
clearance
concessio
conferment
conferral
endowment
giving
grant
impartment
leave
license
permission
permit
presentation
privilege
sanction
vouchsafement
warrant
(Compromise), noun
acceptance
accord
acknowledgment
acquiescence
admission
admitting
agreement
allowance
assent
capitulation
concurrence
giving in
grant
granting
recognition
recognizance
reconciliation
relinquishment
settlement
submission
surrender
yielding
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Concession in Historical Law
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Legal Abbreviations and Acronyms
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Concession in the Dictionary: Concession in our legal dictionaries
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Notice
This definition of Concession is based on the The Cyclopedic Law Dictionary. This entry needs to be proofread.
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https://dictionarylaw.substack.com/p/concession/: The URI of Concession (more about URIs)
Concept of Concession in the context of Real Property
A short definition of Concession: A granting of a right, by government or privately, usually for use of land or area in a building to carry on a business.
Concept of Concession in the context of Real Property
A short definition of Concession: A granting of a right, by government or privately, usually for use of land or area in a building to carry on a business.
Resources
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See Also
Cession
Concession in Global Commerce Policy
In this regard, concession is: in the WTO, the lowering of a tariff or the removal of an impediment to trade in services, generally at the request of another party. The entries on trade policy are here. In its narrowest sense, it may only cover the binding of a tariff item. Some commentators have suggested that this term should be replaced by commitment to remove the false impression that countries make a sacrifice by lowering tariff rates, and that trade liberalization is a cost on the economy. The GATS already refers to commitments. See also requests and offers, schedules of commitments on services and schedules of concessions.[1]
Concessionin the wold Encyclopedia
For an introductory overview on international trade policy, see this entry.
Resources
Professional Content and Learning Tools
Lawi offers educational solutions and professional insight, integrating content, tools, and practical technology to promote lifelong learning, personal and professional improvement, and human progress through knowledge. Our collections feature resources and solutions from a wide range of subject areas, from management and finance to law and cybersecurity. This text is only a brief introduction. If you would like us to expand on this content, please let us know in the comments. If you’re finding our platform and publications valuable, share it with a colleague or friend, leave a comment and consider subscribing if you haven’t already (thanks!). There are group discounts, gift options, and referral bonuses available.
Notes and References
Dictionary of Trade Policy, "Concession" entry (OAS)