1. A government grant for specific privileges.
2. The voluntary yielding to a demand for the sake of a settlement.
3. A rebate or abatement.
4. Int’l law. A contract in which a country transfers some rights to a foreign enterprise, which then engages in an activity (such as mining) contingent on state approval and subject to the terms of the contract. [Cases: Treaties
8. C.J.S. Treaties § 6.] — concede, vb. — concessive, adj.
