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Concession vs Moratorium - What's the difference?

concession | moratorium |

As nouns the difference between concession and moratorium

is that concession is the act of conceding, especially that of defeat while moratorium is moratorium.

As a verb concession

is to grant or approve by means of a concession agreement.

concession

English

Noun

(en noun)
  • 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.
  • Derived terms

    * concessioner

    See also

    * paromologia * paromology

    Verb

    (en verb)
  • To grant or approve by means of a concession agreement.
  • ----

    moratorium

    English

    Noun

    (en-noun)
  • (legal) An authorization to a debtor, permitting temporary suspension of payments.
  • A suspension of an ongoing activity.
  • Canada may put a moratorium on cloning for research.
  • * 1990 , Gerhard Falk, Murder, an Analysis of its Forms, Conditions, and Causes , McFarland.
  • It so happened that at that time the moratorium on the death penalty caused by the Supreme Court decision in the Furman case was still in effect.