Concession vs Octroi - What's the difference?
concession | octroi |
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.
(historical) A privilege granted by the sovereign authority, such as the exclusive right of trade granted to a guild or society; a concession.
(historical) A tax levied in money or kind at the gate of a French city on articles brought within the walls.
(Webster 1913)
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