concede
US /kənˈsiːd/
UK /kənˈsiːd/

1.
admit that something is true or valid after first denying or resisting it
:
•
He finally had to concede that his opponent was right.
•
The company conceded that the product had a design flaw.
2.
grant (a right, privilege, or point) or yield (a territory)
:
•
The king was forced to concede more power to the parliament.
•
After a long siege, the city finally conceded to the invading army.