konsessio
A konsessio is a form of agreement or concession, often employed in legal and commercial contexts. It represents a situation where one party grants certain rights or privileges to another. This can manifest in various ways, such as the granting of exclusive rights to exploit a natural resource, the authorization to operate a specific service, or the permission to conduct business within a particular territory. The term itself is derived from Latin, signifying an "agreement" or "yield."
In the realm of international law and public administration, konsessio frequently refers to a state granting
The implementation of a konsessio can be complex, involving considerations of sovereignty, regulation, and benefit sharing.