Concessions

/kənˈsɛʃənz/ noun (plural)

Definition

Things that are agreed to or given up by one side in a negotiation, or a stand or shop in a public place that sells items.

Etymology

From Latin 'concessio' (act of granting), from 'concedere' (to grant or allow). The word developed two distinct meanings—one in negotiation, one in commerce.

Kelly Says

Movie theater concessions make more profit than the actual movies—candy markup is 500% or more, which is why theaters can afford to show films at a loss.

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