Words / C / Business

concede

verb

B2CEFR level
35/100Rarity: fairly common
TechnicalRegister

To give up a point or accept a demand in the course of reaching agreement.

We conceded on the delivery window but held firm on price.

Similar: yield, give ground

Topic: Negotiation in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More business words: Negotiation