[{"Bold_text": "noun", "List Items": ["the act of conceding concedingor yielding, as a right, a privilege, or a point or fact in an argument:He made no concession to caution.", "the thing or point yielded:Management offered a shorter workweek as a concession.", "something conceded concededby a government or a controlling authority, as a grant of land, a privilege, or a franchise.", "a space or privilege within certain premises for a subsidiary business or service:the refreshment concession at a movie theater.", "Canadian.any of the usually sixteen divisions of a township, each division being 10 sq. mi. (26 sq. km) in area and containing thirty-two 200-acre lots."]}]