BNET Business Dictionary
Business Definition for: Concession
- a compromise in opinion or action by a party to a dispute
- a reduction in price for a particular group of people
- the right of a retail outlet to operate within another establishment
- an agreement to ignore the failure of a product or service to conform to its specification, with a possible resultant deterioration in the quality of the product or service
Wiktionary Definition for: Concession
- the act of conceding, especially that of defeat
- something, such as an argument, that is conceded or admitted to be wrong
- the grant of some land to be used for a specified purpose
- #(''mostly US'') a contract to operate a small business as a subsidiary of a larger company, or within the premises of some institution; the business itself and the space from which it operates
Additional Resources
- CONCESSION CONTRACTS EXTENDED.(Brief Article)
- CONCESSION CONTRACTS EXTENDED: The National Park Service has proposed extending and amending its concession contract with ARAMARK Sports and Entertainment Services, Inc at the Denali National Park & Preserve, AK from Oct. 1, 2001 until Oct. 1, 20 CONCESSION CONTRACTS EXTENDED: The National Park Service has...
- Research articles 2001-10-08
- International Gold Resources Corp. signs exploration agreement with Echo Bay to cover three Burkina Faso Concession areas
- TORONTO--BUSINESS WIRE--June 6, 1995--International Gold Resources (TSE:IGC) ("IGR") announced Tuesday that it has entered into an agreement to expand its existing Ghana Joint Venture to include three new concession areas in Burkina Faso, namely the Poura Concession, the Youga Concession and the Tamberi Concession.Under the terms of the amending agreement...
- Research articles 1995-06-06
- Orange opens first mobile phone concession in Asda superstore
- You are here: News / Orange opens first mobile phone concession in Asda superstore Mobile phone operator Orange has opened its first concession in an Asda store that could lead to 30 such units around the UK if the trial proves successful. The shop-in-shop began trading on October 8 in...
- News items 2009-10-21
- Tandem Resources reports a sampling and geological crew on its Indonesian joint venture concession in Central Kalimantan
- TORONTO, Ont.--BUSINESS WIRE--May 15, 1996-- Tandem Resources Ltd. ("Tandem') reports that a sampling and geological crew has been on its Indonesia joint venture concession in Central Kalimantan for the past week. Crews will be on the Makaham River concession in East Kalimantan in one week. As reported previously,...
- Research articles 1996-05-15
- King Power Wins New Concession Deal with Airports of Thailand.
- Bangkok Post, Thailand Knight Ridder/Tribune Business News Apr. 7--Airports of Thailand has awarded a new duty-free concession to King Power Duty Free Co at the Suvarnabhumi, Chiang Mai, Phuket and Hat Yai airports. In a statement to the Stock Exchange...
- Research articles 2004-04-07
- Auctions with and without the right of first refusal and National Park Service concession contracts
- Soggy hamburgers, dirty bathrooms, cold showers, and poor postcard selection have been only a few of the complaints raised against National Park concessioners. Visitors have voiced such annoyance with poor concession service for decades. The Park Service recently changed the method to award the largest revenue-generating concession contracts in hopes...
- Research articles 2005-11-01
- TV Azteca says it cannot be sanctioned for use of use of CNI Canal 40 concession.
- MEXICO CITY, Jan 3, 2003 (Cronica/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- TV Azteca has confirmed that it cannot be fined for the use of its concession of CNI Canal 40, through which it is currently broadcasting its signal."The owner of the concession signed...
- Research articles 2003-01-04
- Fraport awarded concession for two Bulgarian airports
- AIRLINE INDUSTRY INFORMATION-C1997-2006 M2 COMMUNICATIONS LTD Germany's Fraport AG has been awarded a 35-year concession for the management of two Bulgarian airports, in Varna and Burgas. According to government officials, Fraport was awarded the concession after Copenhagen Airports A/S, the previous winner of the tender, was disqualified due...
- Research articles 2006-06-21
- Concession Air takes off with name brands: opens fast-food franchises in airport terminals
- Concession Air takes off with name brands BUFFALO, N.Y. -- Concession Air, a contract feeding subsidiary of the Delaware North Cos., is helping pioneer a new trend in airport terminal food service by franchising name-brand fast-food concepts. "The old-style buffeteria and generic restaurants are becoming a thing of...
- Research articles 1989-05-15
- Supersol staples office supplies. (to establish retail office supply store with a concession from Staples)
- Supersol has signed an agreement with a group of American business people to start a new company to import and market office supplies in Israel. The new subsidiary will hold a concession from the U.S. office supply chain Staples. The business people Supersol has signed...
- Research articles 1993-10-01
- Tandem Resources Ltd Reports That It Is Acquiring A 50-Square Kilometre Concession In The Quebec-Labrador Trough Northeast Of Schefferville
- TORONTO--BUSINESS WIRE--April 30, 1996--Tandem Resources Ltd. ("Tandem") reports that it is acquiring a 50-square kilometre concession in the Quebec-Labrador trough northeast of Schefferville. The concession contains a soil gossan or rust zone over 5 acres in area which contains up to 0.13% nickel-copper. A reconnaissance geophysical survey has located...
- Research articles 1996-04-30
- [0] Paraguay: Brightstar duty free concession cancelled.
- The Paraguayan general controller has ruled the suspension of the concession contract between the airports agency Dinac and the company BrightStar Business Corp. involving the management of duty free shops in the country. Legal violations were found The Paraguayan general controller has ruled the suspension...
- Research articles 2000-12-06
- Chevron favors company operation, concession leases in new ballgame.
- Chevron Favors Company Operation, Concession Leases in New Ballgame Chevron USA's ambitious station building and rebuilding program, in which all brand-new stations will probably be opened as company-operated, can perhaps be considered handwriting on tChevron Favors Company Operation, Concession Leases in New Ballgame Chevron USA's ambitious...
- Research articles 1987-02-01
- Cable carves out calling rights. (Policy).(cable industry gets concession to the National do-not-call list)
- WASHINGTON -- In a concession to the cable industry the federal government has decided to include a business-relationship exemption in sweeping new rules designed to give consumers relief from excessive telemarketing calls to their homes, fax machi WASHINGTON -- In a concession to the...
- Research articles 2003-07-14
- 7-Eleven Takes On Concession Candy.(Brief Article)
- DALLAS -- Targeting consumers stymied by the high prices of candy at movie theaters, 7-Eleven, Inc. is adding an assortment of concession candy to about 70 percent of its 5,600 stores. DALLAS -- Targeting consumers stymied by the high prices of candy at...
- Research articles 1999-09-01
- Brazil: 4 groups will compete for gas concession in Sao Paulo.
- Enron, CMS, Gas Natural and Agip Liquigas submitted yesterday tenders for the concession of natural gas distribution in the State of Sao Paulo, Brazil. Enron and Natural Gas will bid alone, while Agip teams the Gas Brasiliano consortium and CMS ( Enron,...
- Research articles 1999-10-21
- LENOVO SAYS IT MADE NO CONCESSION TO US AUTHORITIES
- AsiaInfo Services 03-11-2005 Lenovo Says It Made No Concession to US Authorities BEIJING, Mar 11, 2005 SinoCast via COMTEX -- IBM and Lenovo announced on March9 that the investigation on the deal by Committee on Foreign Investments in the Uni ...
- Research articles 2005-03-11
- Eurely Makes a Further Step Toward Galileo Concession.
- BRUSSELS, January 25 /PRNewswire/ -- Eurely, the consortium formed by Alcatel, Finmeccanica, AENA and Hispasat, today provided its final proposal for the Galileo Concession. The offer, submitted to the European Commission by Eurely, contains fu BRUSSELS, January 25 /PRNewswire/ --...
- Research articles 2005-01-25
- Argentina: FCC, Vivendi, won sanitary services concession in.
- The Spanish company Proactiva Medio Ambiente, subsidiary of the group Fomento de Construcciones y Contratos FCC, and the French Vivendi, won the concession for the water services and the sewage drainage system in three districts in Catamarca. The t The Spanish company Proactiva Medio Ambiente, subsidiary...
- Research articles 2000-05-10
- SPE AND VESTAS WIN WIND POWER CONCESSION.
- Belgium's Flemish Government has awarded the public power company Societe Publique d'Electricite SPE and its Danish partner Vestas the concession to operate wind power turbines in the Western dyke of the port of Zeebrugge, following a call for tend Belgium's Flemish Government has awarded the public...
- Research articles 2001-12-07
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