Definitions for "CONCESSIONS"
Benefits granted by a seller/lessor to induce a sale/lease.
Those inducements offered by a landlord to a tenant to sign a lease. Common concessions in a tenants' market include free rent, extra tenant improvement allowance, absorption of moving costs and lease assumptions.
In 1Q05 this is defined as discounts offered to prospects on the base rents or fees if equal to one month's rent or more. [Note: in quarters prior to 1Q05 this was defined as discounts on rents or fees that have a minimum annual savings of $1,000 designed to motivate buyers to purchase.
Sacrifices made by a party to convince another party to enter a contract.
During negotiations, these are the items that each party is willing to give up in order to get the items each party really wants.
Items in the contract that the union sacrifices during contract negotiations. A strong union membership works to maintain a strong contract, resisting concessions.
The generated resources from various vending machines located about the campuses. Since the methods of operation vary among the campuses, one should not attempt to correlate the level of revenue with the student population. For example, a larger campus might have fewer vending machines because strategically located food service units serve most of its need. Universities operate such locations as extensions of its food services operation, which is accounted for within the auxiliary enterprises budget entity.
place where souvenirs and food are sold
Concessions are things one side gives up to try to de-escalate or resolve a conflict. They may simply be points in an argument, a reduction in demands, or a softening of one side's position.
A point or an agreed upon condition that is later conceded.
The private sector is permitted to provide and charge the public for services which would normally be provided by the state, in return for a fee. The private sector will usually provide finance to build the necessary infrastructure, such as a bridge or road.