1. things that are granted or yielded, typically in order to end a dispute or reach an agreement
Usage: plural of concession
2. the right to sell food, drinks, or other goods in a particular place, especially at a sports venue or entertainment facility
Usage: business context
3. reduced prices or special rates offered to certain groups of people
Usage: often for students, seniors, or children

Examples

• Both sides made important concessions to reach the peace agreement.
• The union demanded several concessions from management during negotiations.
• The stadium’s food concessions were extremely expensive.
• She applied for the concessions to sell merchandise at the concert venue.
• Students and seniors receive concessions on movie tickets.
• The theater offers concessions for group bookings of ten or more people.
• After hours of debate, they finally agreed on mutual concessions.