Bequest vs Concession - What's the difference?
bequest | concession | Related terms |
The act of bequeathing or leaving by will.
The transfer of property upon the owner's death according to the will of the deceased.
That which is left by will; a legacy.
That which has been handed down or transmitted.
A person's inheritance; an amount of property given by will.
the act of conceding, especially that of defeat
something, such as an argument, that is conceded or admitted to be wrong
(rhetoric) Admitting a point to strengthen one's overall case.
the grant of some land to be used for a specified purpose
(chiefly, US) a contract to operate a small business as a subsidiary of a larger company, or within the premises of some institution; the business itself and the space from which it operates
(Canada) In Ontario, a small road between tracts of farmland.