Concession: Difference between revisions
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imported>Doug Williamson (Add link.) |
(Add definition. Source: Linked pages) |
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1. | 1. | ||
An arrangement where the right is given to sell a product or to run a 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. | |||
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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]] | * [[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.
