Concession: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
m (Add link.)
(Add definition. Source: Linked pages)
 
(One intermediate revision by one other user not shown)
Line 1: Line 1:
1.
1.


An arrangement where the right is given to sell a product or to run a business, especially in a building belonging to another business.
An arrangement where the right is given to sell a product or to run a business.
 
Concessions are generally time-limited and often granted for particular geographical regions.
 
In retail businesses, concessions may be given in a building belonging to another retail business.




Line 7: Line 11:


A preferential allowance or rate, such as a tax concession.
A preferential allowance or rate, such as a tax concession.
3.  ''Law - contract - negotiation.''
Something that is given up in negotiation, generally in order to accelerate agreement.




==See also==
==See also==
* [[Concessionary]]
* [[Concessionary tax rate]]
* [[Concessionary tax rate]]
* [[Contract]]
* [[Franchise]]
* [[Franchise]]
* [[Law]]
* [[New issue concession]]
* [[Tax]]
* [[Tax]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Accounting,_tax_and_regulation]]

Latest revision as of 08:53, 30 November 2023

1.

An arrangement where the right is given to sell a product or to run a business.

Concessions are generally time-limited and often granted for particular geographical regions.

In retail businesses, concessions may be given in a building belonging to another retail business.


2.

A preferential allowance or rate, such as a tax concession.


3. Law - contract - negotiation.

Something that is given up in negotiation, generally in order to accelerate agreement.


See also