Concession vs Refund - What's the difference?
concession | refund |
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.
To return (money) to (someone); to reimburse.
(obsolete) To supply again with funds.
(obsolete, rare) To pour back.
An amount of money returned.
As nouns the difference between concession and refund
is that concession is the act of conceding, especially that of defeat while refund is an amount of money returned.As verbs the difference between concession and refund
is that concession is to grant or approve by means of a concession agreement while refund is to return (money) to (someone); to reimburse.concession
English
Noun
(en noun)Derived terms
* concessionerSee also
* paromologia * paromologyrefund
English
Verb
(en verb)- A governor, that had pillaged the people, was sentenced to refund what he had wrongfully taken. — L'Estrange.
- If you find this computer for sale anywhere at a lower price, we'll refund you the difference.
- to refund a railroad loan
- Were the humours of the eye tinctured with any colour, they would refund that colour upon the object. — Ray.
Noun
(en noun)- If the camera is faulty, you can return it to the store where you bought it for a refund.