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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

operation
in
exchange
for
consideration
and
compliance
with
conditions.
It
is
distinct
from
a
licenza
(license)
or
autorizzazione
(authorization)
in
that
it
creates
a
defined
right
to
use
or
operate,
usually
governed
by
a
contract
and
subject
to
renewal
or
revocation
by
the
public
issuer.
a
private
operator
under
a
concession
contract.
Concessione
di
servizi
pubblici
covers
the
management
and
delivery
of
a
public
service
(water,
transport,
waste)
by
a
private
company,
with
standards,
tariffs,
and
periodic
reporting
required.
duties
or
other
trade
barriers,
often
framed
in
agreements
under
the
World
Trade
Organization
or
predecessor
bodies.
offered
during
negotiation.