- Concession
- The operating right to explore for and develop petroleum fields in consideration for a share of production in kind (equity oil).U.S. Dept. of Energy, Energy Information Administration's Energy Glossary
Energy terms . 2014.
Concession
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concession — [ kɔ̃sesjɔ̃ ] n. f. • 1264; lat. concessio 1 ♦ Action de concéder (un droit, un privilège, une terre); acte qui concède. ⇒ cession, 1. don, octroi. Concession d un privilège (⇒ charte) . Faire la concession d un terrain. Concession commerciale,… … Encyclopédie Universelle
Concession — may refer to: Concession (politics): failure to challenge or cessation of challenging, as in conceding an election or conceding a game . Concession (contract): a contracted out service, as in concession stand. A contractual right to carry on a… … Wikipedia
concession — con·ces·sion n 1: an act or instance of conceding or yielding 2: something conceded: as a: acknowledgment admission b: something granted esp. as an inducement (as to enter into an agreement) c: a grant of real property esp. by a gov … Law dictionary
concession — CONCESSION. s. f. Le don et l octroi qu un Souverain ou un Seigneur de quelque Terre, fait de quelque privilége, de quelque droit, de quelque grâce, etc. Ce privilége est une concession d un tel Roi. Ils ont eu ce droit, etc. par la concession d… … Dictionnaire de l'Académie Française 1798
Concession — Con*ces sion, n. [L. concessio, fr. concedere: cf. F. concession. See {Concede}.] 1. The act of conceding or yielding; usually implying a demand, claim, or request, and thus distinguished from giving, which is voluntary or spontaneous. [1913… … The Collaborative International Dictionary of English
concession — mid 15c., from O.Fr. concession (14c.) or directly from L. concessionem (nom. concessio) an allowing, conceding, noun of action from concess , pp. stem of concedere (see CONCEDE (Cf. concede)). Meaning right or privilege granted by government is… … Etymology dictionary
concession — [kən sesh′ən] n. [ME & OFr < L concessio < concessus, pp. of concedere] 1. an act or instance of conceding, granting, or yielding 2. a thing conceded or granted; acknowledgment, as of an argument or claim 3. a privilege granted by a… … English World dictionary
Concession — (v. lat.), die Erlaubniß einer Regierung, ein bürgerliches Gewerbe unter gewissen Bedingungen zu betreiben. Die C. gilt nur für die Person, welcher sie ertheilt ist (Concessionär), u. kann nicht durch Erbschaft od. Kauf an eine andere übertragen… … Pierer's Universal-Lexikon
Concession — Concession, lat., Zugeständniß; obrigkeitliche Ermächtigung zu einem Betrieb; Concessionar, der Inhaber einer solchen C.; concessioniren, ermächtigen, genehmigen; concessionirt, genehmigt, erlaubt. Concessive, einräumend, nachgebend … Herders Conversations-Lexikon
concession — *allowance Analogous words: favor, boon, *gift: indulgence, leniency, tolerance, forbearance (see under FORBEARING) … New Dictionary of Synonyms
concession — [n] yielding, adjustment acknowledgment, admission, allowance, assent, authorization, boon, buyback, compromise, confession, copout*, deal, giveback, giving in, grant, indulgence, permission, permit, privilege, rollback, sellout, surrender, trade … New thesaurus
