n. a contract granting the right to operate a subsidiary business
n. the act of conceding or yielding
n. a point conceded or yielded
n. 特许, 让步, 认可
[经] 核准, 许可, 特殊(权)
1. The company made a concession to the workers by agreeing to a pay raise.
公司通过同意加薪向工人做出了让步。
2. During the negotiation, each side had to make some concessions to reach an agreement.
在谈判中，双方都必须作出一些让步才能达成协议。
3. She accepted his concession and decided to compromise on the issue.
她接受了他的让步，并决定在这个问题上妥协。