Concession: meaning, definitions and examples

Used when offering a special allowance or reduction granted often during negotiations or discussions.

• After a long meeting, they made a concession to the employees' demands for better working conditions.
• The company gave a concession on the price to close the deal.

Used when referring to a special right or advantage available only to a particular person or group.

• He had the privilege of attending a prestigious university.
• With her position, she enjoys the privilege of access to exclusive events.

Used when referring to additional benefits or advantages that come with a job or position, beyond regular pay.

• One of the perks of working here is free gym membership.
• The job has many perks, including a company car and free meals.

Used when talking about reducing the usual price of a product or service to make it cheaper.

• They usually offer a 10% discount to students.
• She got a discount on her new shoes during the holiday sale.

Use 'concession' when referring to something granted or yielded, often during a negotiation or dispute. It implies giving up a little to reach an agreement.

• The company made a concession by increasing salaries to avoid a strike
• She offered a concession to settle their differences

Apply 'compromise' in situations where both sides make mutual adjustments to reach a middle ground. It indicates a balanced solution where neither party gets everything but both get something.

• They reached a compromise after hours of negotiation
• The compromise required both teams to change their initial plans

Invoke 'surrender' when speaking about giving up something completely, often seen in the context of defeat or capitulation. It carries more negative connotations of loss or giving in.

• The army decided to surrender after being surrounded
• She would never surrender her principles despite the pressure

Use 'grant' when talking about formally giving something to someone, often in an official or legal context, such as permissions, rights, or financial aid.

• The university decided to grant the student a scholarship
• The government will grant permits to those meeting the requirements