concession fee definition, concession fee meaning | English dictionary. Search also in: Web News Encyclopedia Images. concession. n. 1 the act of yielding or conceding, as to a demand or argument. 2 something conceded. 3 (Brit) a reduction in the usual price of a ticket granted to a special group of customers. a student concession. 4 any grant of rights, land, or property by a government, local authority, corporation, or individual. 5 the right, esp. an exclusive right, to market a particular product in a given area.
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