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The act of conceding.
(noun)
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Something, such as a point previously claimed in argument, that is later conceded.
(noun)
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An acknowledgment or admission.
(noun)
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A grant of a tract of land made by a government or other controlling authority in return for stipulated services or a promise that the land will be used for a specific purpose.
(noun)
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The privilege of maintaining a subsidiary business within certain premises.
(noun)
American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.