Of, relating to, or of the nature of a concession; characterized by granting or yielding rights or privileges.
From Latin concessorius, derived from concessor. The suffix -ory indicates a relationship or characteristic quality, similar to terms like 'sensory' or 'illusory.'
A concessory agreement is legally binding even though one party 'gave in'—which is clever, because it transforms an act of weakness into enforceable law. The concessor becomes protected by the very document granting the concession.
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