Concession

From Wikipedia, the free encyclopedia
Jump to: navigation, search

Concession may refer to:

  • Concession (contract) (sometimes called a concession agreement): a contractual right to carry on a certain kind of business or activity in an area, such as to explore or develop its natural resources or to operate a "concession stand" within a venue
  • Concession (territory): an area within one country that is administered by another, usually conceded by a weaker country to a stronger one
  • Concession (politics): failure to challenge or cessation of challenging, as in "conceding an election" or "conceding a game".
  • Concessional loan, a loan with below-market terms
  • Concession road: a grid-based road system in Ontario and Quebec

Location[edit]