Definitions (3)

1. A syndicate's per-share compensation.
2. A rebate, allowance, or reduction in price or other terms of an agreement.
3. Cash, or the equivalent, that the landlord pays or allows in the form of rental abatement, additional tenant finish allowance, moving expenses, or other costs expended in order to persuade a tenant to sign a lease.

Use concession in a sentence

In hopes to rent out his house sooner, the landlord offered a concession and paid for the new tenants moving costs.

​ Was this Helpful? YES  NO 9 people found this helpful.

The concession was suggested to sweeten the deal as the businessmen were all amicable and open with regards to negotiations.

​ Was this Helpful? YES  NO 6 people found this helpful.

The city provided numerous concessions to the soccer team's ownership group in the form of tax rebates in order to ensure the stadium was built locally.

​ Was this Helpful? YES  NO 5 people found this helpful.

Show more usage examples...

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
effective rent economic moat