Concession

The act of conceding or yielding; usually implying a demand, claim, or request, and thus distinguished from giving, which is voluntary or spontaneous.

A thing yielded; an acknowledgment or admission; a boon; a grant; esp. a grant by government of a privilege or right to do something; as, a concession to build a canal.

a contract granting the right to operate a subsidiary business; "he got the beer concession at the ball park"

the act of conceding or yielding

a point conceded or yielded; "they won all the concessions they asked for"