10 letters · 14 points in Scrabble
noun a contract granting the right to operate a subsidiary business
noun the act of conceding or yielding
noun a point conceded or yielded
originFrom late Middle English concession, from Middle French concession, from Latin concessiō (“a grant, permission, conceding”), from concēdō. Doublet of concessio.
Etymology from Wiktionary, CC BY-SA 3.0