Concession

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Concession can mean either:

Concession (politics): failure to challenge or cessation of challenging, as in "conceding an election" or "conceding a game".
Concession (contract): a contracted-out service, as in concession stand.
Concession (discount): in UK English, a price discount for a certain category of person.
Concession (territory): an area within one country that is administered by another, usually conceded by a weaker country to a stronger one.
Concession a village in Nova Scotia

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