concession
UK[kənˈsɛʃ(ə)n]US[kənˈsɛʃ(ə)n]
n
Something that is allowed or given up, often in order to end a disagreement.
n
A special right or privilege given by a government or other authority.
n
A small business or shop that operates within a larger premises, such as a stadium or theater.
Morpheme Breakdown
con
cess
ion
con
together
cess
go, yield
ion
noun suffix
Etymology
The word concession originates from the Latin concessio, which is derived from the verb concedere, meaning "to go away, yield, or grant". Concedere itself is a compound of the prefix con- (completely, together) and cedere (to go, withdraw). The core semantic logic involves the act of yielding or withdrawing from a position, which is done collectively or as part of an agreement. Over time, this literal sense of yielding evolved into the modern abstract meanings of granting a privilege, making an allowance in a dispute, or the right to operate a business—all of which involve one party granting something to another.
Analysis
Structure: con (together) + cess (go, yield) + ion (noun suffix)
con: Latin origin, a prefix meaning "together, with".
cess: Latin origin, from the root of the verb cedere (to go, to yield, to withdraw).
ion: Latin origin, a suffix forming nouns denoting action or condition.
Examples
The management made several concessions to the union during the negotiations.
He runs a popular food concession at the local cinema.
The tax concession is designed to encourage investment in renewable energy.