concession, grant -- (a contract granting the right to operate a subsidiary business; "he got the beer concession at the ball park")
grant -- (a right or privilege that has been granted)
Overview of verb grant
The verb grant has 7 senses
allow, grant -- (let have; "grant permission"; "Mandela was allowed few visitors in prison")
award, grant -- (give as judged due or on the basis of merit; "the referee awarded a free kick to the team"; "the jury awarded a million dollars to the plaintiff";"Funds are granted to qualified researchers")
concede, yield, grant -- (be willing to concede; "I grant you this much")
accord, allot, grant -- (allow to have; "grant a privilege")
grant, give -- (bestow, especially officially; "grant a degree"; "give a divorce"; "This bill grants us new rights")
concede, yield, cede, grant -- (give over; surrender or relinquish to the physical control of another)
grant, deed over -- (transfer by deed; "grant land")