concessione
Concessione is an Italian noun derived from the verb concedere (to grant). It denotes the act of granting rights, property, or a service by a competent authority, and the resulting right itself. The term is used in several, related senses: a general permission; a formal grant or lease of use of public-domain assets; and a contract by which a public authority delegates the operation of a service or asset to a private party.
In law and public administration, a concessione is typically a long‑term arrangement that authorizes use or
Concessione demaniale refers to the use of public-domain assets (for example beaches, docks, or highways) by
In international trade, the term also appears as tariff concessions, commitments by states to reduce import
In everyday language, concessione can also mean a concession in argument—a recognition of a point or compromise