👉 The term "conceding" refers to a situation where one party gives up or accepts something in order to reach an agreement with another party. This can be done through negotiations, compromise, or mediation. In some cases, this may involve giving up certain rights or obligations that are not mutually beneficial. For example, if two parties have agreed on a mutual solution but the first party is unable to provide them with all of their desired benefits and rights, they might choose to "concede" something
