noun
concession
kun-SESH-un/kənˈseʃn/
Something granted in response to a request or negotiation.
One negotiator makes a concession by moving a boundary marker toward the proposed compromise.

Etymology
“Give way,” with con- perhaps adding emphasis, became yielding in argument or negotiation. A concession came to mean not just the act of yielding but the particular thing or point granted.
In context
Sometimes giving up a small point early creates leverage later. This is known as strategic concession.
More examples
- Neither side will make concessions on worker safety.
- As a concession to neighbors, the cafe closes at ten.
- The city grants her a concession to sell food in the park.
Forms
concession · concessions
concede verb — To grant something or admit its truth.
Similar words
- compromise
- Usually involves both sides giving something up to agree.
- allowance
- Permits an exception rather than yielding a negotiated point.