Word | Noun | Adjective | Verb | Adverb |
---|---|---|---|---|
concession | Yes | No | No | No |
stipulation | Yes | No | No | No |
concession (noun) | stipulation (noun) |
---|---|
a contract granting the right to operate a subsidiary business | a restriction that is insisted upon as a condition for an agreement |
a point conceded or yielded | an assumption on which rests the validity or effect of something else |
the act of conceding or yielding | (law) an agreement or concession made by parties in a judicial proceeding (or by their attorneys) relating to the business before the court; must be in writing unless they are part of the court record |