The act or principle of compensating.
Something which is regarded as an equivalent; something which compensates for loss.
A recompense or reward for service.
An equivalent stipulated for in contracts for the sale of real estate, in which it is customary to provide that errors in description, etc., shall not avoid, but shall be the subject of compensation.
The extinction of debts of which two persons are reciprocally debtors by the credits of which they are reciprocally creditors; the payment of a debt by a credit of equal amount.
The ability of one part of the brain to overfunction in order to take over the function of a damaged part (e.g. following a stroke).
The relationship between air temperature outside a building and a calculated target temperature for provision of air or water to contained rooms or spaces for the purpose of efficient heating. In building control systems, the compensation curve is defined to a compensator for this purpose.
The act of conceding.
A franchise: a business operated as a concession (see above).
A concession road: a narrow road between tracts of farmland, especially in Ontario, from their origin during the granting of concessions (see above).
A right to operate a quasi-independent business within another's premises, as with concession stands.
A preferential tax rate.
A discounted price offered to certain classes of people, such as students or the elderly.
An admission of defeat following an election.
A territory—usually an enclave in a major port—yielded to the administration of a foreign power.
A person eligible for a concession price (see above).
A compromise: a partial yielding to demands or requests.
A portion of a township, especially equal lots once granted to settlers in Canada.
A right to operate a quasi-independent franchise of a larger company.
The premises granted to a business as a concession (see below)
An item sold within a concession (see above) or from a concessions stand.
An admission of the validity of an opponent's point in order to build an argument upon it or to move on to another of greater importance; an instance of this.
A right to use land or an offshore area for a specific purpose, such as oil exploration.
A gift freely given or act freely made as a token of respect or to curry favor.
Any admission of the validity or rightness of a point; an instance of this.
To grant or approve by means of a concession agreement.