concession

US /kənˈseʃ.ən/
UK /kənˈseʃ.ən/
"concession" picture
1.

a thing that is granted, especially in response to demands; a thing conceded

:
The government made several concessions to the protesters.
He was unwilling to make any concessions during the negotiation.
2.

a special right or privilege given to someone

:
The company received a concession to operate in the new territory.
Students get a travel concession on public transport.
3.

a business that sells food, drinks, or other items, often in a public place like a stadium or theater

:
We bought popcorn at the concession stand.
The stadium has several food and drink concessions.