A concessionary price is a special price which is lower than the normal one and which is often given to old people, students, and the unemployed. There are concessionary rates for students.

What is a concession payment?

Concession payment means a payment from a private entity to a responsible public entity in connection with the development and/or operation of a qualifying transportation facility pursuant to a concession.

What are concessionary items?

Related to Concession item. ... Concessions means assent to repayment of a debt on terms more favorable to an individual than the terms of the contract between the individual and a creditor.

Does concession mean discount?

A concession is a discount for children, seniors, students etc.

What is making a concession?

Word forms: concessions

If you make a concession to someone, you agree to let them do or have something, especially in order to end an argument or conflict. We made too many concessions and we got too little in return. countable noun. A concession is a special right or privilege that is given to someone.

Loan at Concessionary Rates

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How do you use concession?

Concession in a Sentence ?

1. Since the developer could not give the landowner his desired concession, he was not able to buy the land for the new subdivision.
2. The prosecutor must be willing to offer a concession of leniency if he wants the defendant to testify against his co-conspirators.

What is the synonym of proceeds?

Some common synonyms of proceed are arise, derive, emanate, flow, issue, originate, rise, spring, and stem. While all these words mean "to come up or out of something into existence," proceed stresses place of origin, derivation, parentage, or logical cause.

What is a synonym for allowance?

1'your baggage allowance' permitted amount, permitted quantity, allocation, allotment, quota, share, ration, grant, limit, portion, helping, slice, lot. 2'her father gave her an allowance'

What is an example of a concession?

The definition of concession is something granted in response to demands, or a special allowance, or is the right to use land or property granted by the owner. When you are negotiating and you give in to something that the other side wants, this is an example of a concession.

What is concessionary rate?

A concessionary price is a special price which is lower than the normal one and which is often given to old people, people who are unemployed, and students. [British] There are concessionary rates for students.

What is concessionary bargaining?

Concession bargaining is a term used in labor law. It is a kind of collective bargaining in which the trade unions surrender or give back previously gained improvements in pay and conditions in exchange for some form of job security.

What are concessionary days?

Concessional day means any day upon which an employee is permitted to be absent on full pay without debit to any leave account as a result of a compulsory closure of Government establishments over the Christmas/New Year period or such closure or restricted staffing as the employer determines.

Is a concession agreement a lease?

A concession agreement is a lease of public property or city right-of-way.

How do concession agreements work?

Concession agreements often involve contracts between the nongovernmental owner of a facility and a concession owner, or concessionaire. The agreement grants the concessionaire exclusive rights to operate their business in the facility for a stated time and under specified conditions.

What is a concessionary company?

Most typically, these were private European businesses lured to make investments of capital and manpower in Africa in return for a grant (or concession) of land, over which it gained privileged rights of exploitation.

What does it mean to make allowances?

1 : to think about or plan for (something that will or might happen in the future) When purchasing property, the company should make allowance for possible future growth/expansion.

What does it mean to make allowances for someone?

to accept behaviour that you would not normally accept because you know why someone has behaved that way. We have to make allowances for his lack of experience. Synonyms and related words. To forgive or excuse. forgive.

What is the purpose of an allowance?

Remember, the purpose of an allowance is to let young people learn how to manage money firsthand, through their own successes and failures.

Is proceeds same as profit?

As nouns the difference between profit and proceeds

is that profit is total income or cash flow minus expenditures the money or other benefit a non-governmental organization or individual receives in exchange for products and services sold at an advertised price while proceeds is revenue; gross revenue.

Does proceeds mean before or after?

Precede means "to come, be, or go before." It can also mean to surpass in rank or dignity. The closely related word proceed means "to continue after a pause" or "to begin and carry on an action." Often precede is related to time, while proceed is related to action.

What does it mean to proceed something?

1 : to come forth from a source : issue strange sounds proceeded from the room. 2a : to continue after a pause or interruption. b : to go on in an orderly regulated way. 3a : to begin and carry on an action, process, or movement.

What is concession in a sentence?

1 : the act of giving up something or doing something in order to reach agreement The company has been unwilling to make concessions (to the strikers) during negotiations. 2 : the act of admitting that you have been defeated in a contest We are waiting for his concession of the election.

What is concession in rent?

A rental concession is a gesture made by a commercial property owner in order to entice a potential tenant to sign or renew a lease. ... Common examples include free or reduced rent, a tenant improvement allowance, or free parking.

Is concession a stand?

A concession stand (American English), snack kiosk or snack bar (British English, Irish English) is a place where patrons can purchase snacks or food at a cinema, amusement park, zoo, aquarium, circus, fair, stadium, beach, swimming pool, concert, sporting event, or other entertainment venue.