NSW Opportunity Class
Concession
noun/kuhn-SESH-uhn/
Something you agree to give up or allow in order to reach agreement.
In contextEach side made a concession so the debate could end fairly.
Remember it
'Concession' shares roots with 'concede' — a concession is what you concede to keep the peace.
Use it well
A 'concession' is what one side gives up; it can also mean a discount, like a concession ticket.