A concessionary price is a special price which is lower than the normal one and which is often given to old people, students, and the unemployed. There are concessionary rates for students.

What is a concession payment?

Concession payment means a payment from a private entity to a responsible public entity in connection with the development and/or operation of a qualifying transportation facility pursuant to a concession.

What are concessionary items?

Related to Concession item. ... Concessions means assent to repayment of a debt on terms more favorable to an individual than the terms of the contract between the individual and a creditor.