what does concession mean
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What is 'Concession' What is a 'Concession'. A concession is a selling group's compensation in a stock or bond underwriting agreement. The amount of compensation is based on the underwriting spread, or the difference between what the public pays for the securities and what the issuing company receives from the sale. Included in the underwriting spread is the management fee, selling concession and underwriter's compensation.
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- Definition of concession - a thing that is granted, especially in response to demands, a preferential allowance or rate given by an organization, the right t dictionary thesaurus
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- show more My company competes in a competetive market...such that discounts are given so often that there is a name for different kinds of sales discounts. One of these is a concession. Let's say that my company invoices a customer, and the customer disputes the invoice.The invoice is correct as-is, but the company extends a gesture to the customer by crediting the sale anyway.The effect of this is to debit sales as if the sale had never occurred.how more My company competes in a competetive market...such that discounts are given so often that there is a name for different kinds of sales discounts. One of these is a concession. Let's say that my company invoices a customer, and the customer disputes the invoice.
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CONCESSION Hypernyms (concession is a kind of...): contract (a binding agreement between two or more persons that is enforceable by law) Hyponyms (each of the following is a kind of concession): franchise (an authorization to sell a company's goods or services in a particular place)
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- These concession contracts are: 1  contracts for pecuniary interest concluded in writing between a contracting authority/utility and an economic operator/(s); 2  where the consideration (or ‘payment’) is either:
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Concession Contracts Concession contracts are awarded through a competitive bid process. After determining that a visitor service is necessary, appropriate, and feasible as a business opportunity, the National Park Service prepares a prospectus which outlines the requirements for operation the business.
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- Commonly referred to as seller concessions, this is the amount that can be negotiated within the sales contract to help the buyer(s) with customary out of pocket expenses such as closing costs or pre-paids, otherwise known as settlement charges.
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- Define Concession Recovery Fee. concession recovery fee. A charge passed along to consumers by car rental companies to cover their cost of mandatory fees levied by the airport or other authority.Sometimes called an airport facility fee or airport access fee.To find the abbreviation, acronym, or term you’re looking for, use the Search box (below) or click on any letter (above). Become A Home-Based Travel Agent. Join the home-based travel revolution.ometimes called an airport facility fee or airport access fee. To find the abbreviation, acronym, or term you’re looking for, use the Search box (below) or click on any letter (above). Become A Home-Based Travel Agent. Join the home-based travel revolution.
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concession Use 'concession' in a Sentence. 1  The selling party made a concession to the buyer stating that the washer, dryer, and water heater would be repaired by the selling party within 15 days of closing of the contract. 2  The company was happy to make the minor concession as long it ensured that the contract negotiations would come to an abrupt end.
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- • RESIGNATION (noun) The noun RESIGNATION has 3 senses: 1. acceptance of despair. 2. the act of giving up (a claim or office or possession etc.) 3. a formal document giving notice of your intention to resign. Familiarity information: RESIGNATION used as a noun is uncommon.
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What is a 'Concession Agreement' Concession Agreement. What is a 'Concession Agreement'. A concession agreement is a negotiated contract between a company and a government that gives the company the right to operate a specific business within the government's jurisdiction, subject to certain conditions.
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concede verb (used with object), conceded, conceding. 1. to acknowledge as true, just, or proper; admit: He finally conceded that she was right. 2. to acknowledge (an opponent's victory, score, etc.) before it is officially established: to concede an election before all the votes are counted. 3. to grant as a right or privilege; yield: to concede a longer vacation for all employees.
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What does concession recovery fee. mean? One of the definitions of concession recovery fee. is A charge passed along to consumers by car rental companies to cover their cost of mandatory fees levied by the airport or other authority. Sometimes called an airport facility fee or airport access fe.
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give The noun CONSENT has 1 sense: 1. permission to do something. Familiarity information: CONSENT used as a noun is very rare. • CONSENT (verb) The verb CONSENT has 1 sense: 1. give an affirmative reply to; respond favorably to. Familiarity information: CONSENT used as a verb is very rare.
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Concession Contract Law and Legal Definition Concession contracts are not contracts within the meaning of the Contract Disputes Act, and are not service or procurement contracts within the meaning of statutes, regulations or policies that apply only to federal service contracts or other types of federal procurement actions.oncession contracts will contain such terms and conditions as are required by this part or law and as are otherwise appropriate in furtherance of the purposes of this part and the 1998 Act.
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What does concession recovery fee. mean? - Definition of concession recovery fee. - concession recovery fee. stands for A charge passed along to consumers by car rental companies to cover their cost of mandatory fees levied by the airport or other authority. Sometimes called an airport facility fee or airport access fe. By AcronymsAndSlang.com.
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What does concession recovery fee. mean? Define Concession Recovery Fee. concession recovery fee. A charge passed along to consumers by car rental companies to cover their cost of mandatory fees levied by the airport or other authority. Sometimes called an airport facility fee or airport access fee.
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Concession (contract) Concession (contract) A concession or concession as an agreement is a grant of rights, land or property by a government, local authority, corporation, individual or other legal entity. Public services such as water supply may be operated as a concession.
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Compliance Auditor Job Description Compliance Auditor Skills and Qualifications: ------------------------------------. Employers: Post a job in minutes to reach candidates everywhere. Job Seekers: Search Compliance Auditor Jobs and apply on Monster now.
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How Do Seller Concessions Work? A seller concession involves the seller of a property offering a potential buyer an incentive to make purchasing the property more attractive financially. Make certain all seller concessions are written in the contract and agreed upon by both parties.n a buyer's market, seller concessions often reduce the overall purchase price of the property; in a seller's market, a buyer may ask for an increase in the purchase price to offset the cost of a requested seller concession.
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concessionaire Definition of concessionaire for English Language Learners. : a person or business that has been given the right to sell something on property owned by someone else : a person or business that has been given a concession (sense 4a)
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concession concession. n. 1. the act of yielding or conceding, as to a demand or argument. 2. something conceded. 3. (Commerce) Brit a reduction in the usual price of a ticket granted to a special group of customers: a student concession.4. (Government, Politics & Diplomacy) any grant of rights, land, or property by a government, local authority, corporation, or individual.5.. (Commerce) Brit a reduction in the usual price of a ticket granted to a special group of customers: a student concession. 4. (Government, Politics & Diplomacy) any grant of rights, land, or property by a government, local authority, corporation, or individual.
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concession Definition of concession. 1  1a : the act or an instance of conceding (as by granting something as a right, accepting something as true, or acknowledging defeat) The union will seek further concessions before accepting the contract.b : the admitting of a point claimed in argument.
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Corned Beef and Cabbage bring to a boil reduce heat to a simmer simmer for 2 3 hours until the corned beef is fork tender remove from pot to a cutting board reserve cooking liquid for boiling cabbage if you plan to boil and not saute sauté the cabbage cut slices against the grain into 1 2 inch thick slices
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LEASE • LEASE (noun) The noun LEASE has 3 senses: 1. property that is leased or rented out or let. 2. a contract granting use or occupation of property during a specified time for a specified payment. 3. the period of time during which a contract conveying property to a person is in effect. Familiarity information: LEASE used as a noun is uncommon. • LEASE (verb)
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- Estimates for the total number of transgender. individuals who are currently or have ever served in. the military are derived separately for those assigned. male at birth (approximately 60% of the total NTDS. sample) and those assigned female at birth. (approximately 40% of the total NTDS sample).