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concessionary

concessionary

7.2
Available on better terms than normal for loans, fares, or contracts
  • adjective
  • /kənˈsɛʃənɛri/
  • Specialized
translation icon : concesionario
  • As U.S. concern regarding the potential for greater Soviet involvement in the Middle East was rising, the Israeli government petitioned Moscow for a concessionary loan equivalent to the one approved by the U.S. Export-Import Bank in February 1949.

Examples

  • The charity offered concessionary prices for tickets to low-income families.

  • The organization negotiated a concessionary deal that allowed veterans to receive discounted services.

  • The recent decision by Kuwait and Saudi Arabia to sell oil once again to Jordan at concessionary prices, as well as the relatively low price of oil recently, will make this project and many other energy projects less profitable for the time being, but they will likely still be built.

    Academic text (1999)
  • All payment methods are listed overleaf, along with the concessionary licenses that we offer for people aged 74 and over or who are blind.

    Blog text (32)
  • After discussion, teachers provided guidance to the Negotiations Team to reject the proposal, reaffirming their belief that CCSD had used the layoff of 416 of their colleagues as a bargaining chip to get teachers to enter into a concessionary contract.

    Blog text (27)
  • Students were able to access concessionary fares on public transport during the summer months.

Synonyms

preferential
vsconcessionary
35 6.0

To give an advantage to one person or group over others

focuses on more favorable financial or contractual terms rather than broad advantage
concessional
vsconcessionary
  • Formal
7.6

About a special permission or contract given by an authority

emphasizes more favorable financial or contractual terms rather than just the grant

Antonyms

31 4.5

Not good for success or approval

How Preferential

concessionary
  • Specialized
7.2
standard
675 2.7

Surface Forms

concessionary positive

Morphology

concessionary = concession (transparent) = concession + ary

The sense 'preferential or more favorable terms' is a direct extension of 'concession' (something granted), formed by adding '-ary'.

Etymology

Concessionary comes from concession, from concede meaning 'to give' or 'allow'. So a concessionary rate or loan is a deal where something useful is 'given' on easier or better terms than usual.