concessionary
- adjective
- /kənˈsɛʃənɛri/
- Specialized
- 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
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The charity offered concessionary prices for tickets to low-income families.
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The organization negotiated a concessionary deal that allowed veterans to receive discounted services.
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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
To give an advantage to one person or group over others
About a special permission or contract given by an authority
Antonyms
How Preferential
- Specialized
Surface Forms
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.