(rhetoric) An admission of the validity of an opponent's point in order to build an argument upon it or to move on to another of greater importance; an instance of this.

Sense（6）

(by extension) Any admission of the validity or rightness of a point; an instance of this.

Sense（7）

(originally US) An admission of defeat following an election.

Just moments ago, I spoke with George W. Bush and congratulated him on becoming the 43rd president of the United States. And I promised him that I wouldn't call him back this time... tonight, for the sake of our unity as a people and the strength of our democracy, I offer my concession.

Google Translation / DeepL Translation

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Sense（8）

A gift freely given or act freely made as a token of respect or to curry favor.

Sense（9）

(chiefly US) A franchise: a business operated as a concession (see above).

Sense（10）

(chiefly US, usually in the plural) An item sold within a concession (see above) or from a concessions stand.

Sense（11）

(chiefly UK) A person eligible for a concession price (see above).

concessions

（ plural ）

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concession

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