Concession \Con*ces"sion\, n. [L. concessio, fr. concedere: cf. F. concession. See Concede.]

1. The act of conceding or yielding; usually implying a demand, claim, or request, and thus distinguished from giving, which is voluntary or spontaneous.

By mutual concession the business was adjusted. --Hallam.

2. A thing yielded; an acknowledgment or admission; a boon; a grant; esp. a grant by government of a privilege or right to do something; as, a concession to build a canal.

This is therefore a concession, that he doth . . . believe the Scriptures to be sufficiently plain. --Sharp.

When a lover becomes satisfied by small compliances without further pursuits, then expect to find popular assemblies content with small concessions. --Swift.

Source: Webster's Revised Unabridged Dictionary (1913)