define concession
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Concession Concession Definition. Concession is a literary device used in argumentative writing where one acknowledges a point made by one’s opponent. It allows for different opinions and approaches toward an issue, indicating an understanding of what causes the actual debate or controversy.
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tax concession 1 special provision for a. 2  not to pay a tax that it would otherwise owe, provided by a local, state, or national government as an inducement to invest. competition among governments, seeking to attract investment, to some extent undermines the benefits that countries might otherwise receive from FDI.
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- Definition of 'subsidy'. subsidy (sʌbsɪdi ) A subsidy is money that is paid by a government or other authority in order to help an industry or business, or to pay for a public service. European farmers are planning a massive demonstration against farm subsidy cuts. They've also slashed state subsidies to utilities and transportation.
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- The essential difference between Concession Agreements and Production Sharing Agreements is that the latter provide for payment to the resource owner after the recovery of production costs. The payment mechanisms to the resource owner are the sole differences between the three types of agreements.
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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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subsidy Switch to new thesaurus. grant - any monetary aid. subvention - grant of financial aid as from a government to an educational institution. price support - a government subsidy used to maintain prices at a certain level.
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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.. the act of conceding or yielding, as a right. 2. the thing or point yielded. 3. something conceded by a government or a controlling authority, as a grant of land. 4. a space or privilege within certain premises for a subsidiary business or service: the refreshment concession at a theater. 5.
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Global Politics: DEFINITIONS The transfer of goods and services between international actors on a concessionary basis. Aid occurs on a bilateral, mvel from both gultilateral leovernments and the private sector and covers both grants and loans. Aid may be given without strings or may be attached in some way by the donor. Aid can be given for humanitarian reasons or may have overt political and economic connotations.
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What is a 'Concession Agreement' For example, a popular concession in a sports stadium may not offer much to the concessionaire in terms of incentives. On the other hand, a government that is looking to attract mining companies in an impoverished area may offer significant inducements, such as tax breaks and a lower royalty rate.REAKING DOWN 'Concession Agreement'. Concession agreements span the gamut, from mining concessions valued in the hundreds of millions, to a small food and beverage concession in a movie hall.
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reservation The definition of a reservation is something withheld or the act of withholding something. An example of reservation is someone calling a restaurant and asking them to hold a table for a specific time. An example of reservation is a concern that holds a person back from doing something. reservation. reservation.
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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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An extra $14 for âA Concession Fee Recoveryâ on an all-inclusive price? Whatâs with that? Our service fee varies based on the amount and location of your reservation. The Concession Fee is a tax applied by Hertz for the reserving of the rental car at the airport. If we can be of further assistance, please feel free to reply to this email or contact us directly at 1-866-HOTWIRE (468-9473). Thank you for choosing Hotwire.
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- Use 'concession' in a Sentence. 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. 20 people found this helpful.
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- DEFINITION of 'Subsidy'. A benefit given by the government to groups or individuals usually in the form of a cash payment or tax reduction. The subsidy is usually given to remove some type of burden and is often considered to be in the interest of the public. Politics play an important part in subsidization.
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What does conceded mean? However, if you are referring to CONCEDED, Defined: 1) to grant as a right or privilege 2a) to accept as true, valid, or accurate 2b) to acknowledge grudgingly or hesitantly/to relinquish grudgingly or hesitantly (e.g. The politician with the fewest votes conceded victory to his/her opponent.)
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subsidy 1. a direct financial aid furnished by a government, as to a private commercial enterprise, an individual, or another government. 2. any grant or contribution of money. 3. money formerly granted by the English Parliament to the crown for special needs. [1325–75; Middle English subsidie < Anglo-French < Latin subsidium auxiliary force, reserve, help =sub- sub- + sid-, comb. form of sedēre to sit]
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- A concession such as one in a ball park which supplies its stands and hawkers with hot dogs, popcorn, and the like from one central commissary is a single establishment for the purposes. of the retail and service establishment exemptions.
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FDA and Marijuana: Questions and Answers The FDA supports the conduct of that research by: 1  Providing information on the process needed to conduct clinical research using marijuana. 2  Providing information on the specific requirements needed to develop a drug that is derived from a plant such as marijuana.
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Interested Party Contributions: Getting The Home Seller To Pay Your Mortgage Closing Costs Using Seller Concessions To Reduce Loan Closing Costs. Seller concessions is a formal arrangement by which a home seller agrees to pay some, or all, of a buyer's closing costs at the time of settlement.
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- Pronunciation /ˈsʌplɪm(ə)nt/. 1  1A thing added to something else in order to complete or enhance it. ‘the handout is a supplement to the official manual’. 2  2Geometry. The amount by which an angle is less than 180°.
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What is a 'Concession Agreement' BREAKING DOWN 'Concession Agreement'. Concession agreements span the gamut, from mining concessions valued in the hundreds of millions, to a small food and beverage concession in a movie hall.The terms of a concession agreement also depend on its desirability.REAKING DOWN 'Concession Agreement'. Concession agreements span the gamut, from mining concessions valued in the hundreds of millions, to a small food and beverage concession in a movie hall.
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Concession (contract) A concession may include the right to use some existing infrastructure required to carry out a business (such as a water supply system in a city); in some cases, such as mining, it may involve merely the transfer of exclusive or non-exclusive easements.
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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 noun. › [C or U] something that you ​agree to give someone or ​allow them to do, especially in ​order to end an argument or disagreement: concession to sb As a concession to ​environmental ​groups, the ​energy ​giant ​agreed to ​scale down its coal ​plant ​expansion ​plans.
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- verb. The definition of avail is to help or give an advantage. An example of avail is for medication to improve the condition of a sick person.
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- An allowance is a stipulated amount furnished at regular intervals as a matter of discretion or gratuity, as of food to besieged soldiers, or of money to a child or ward. Compensation is a comprehensive word signifying a return for a service done.