👉 Sub-concessionary refers to a situation in which a company or individual enters into an agreement with another entity where they receive a portion of the profits from the sale of goods or services, but are not entitled to any share of the overall profit. This can be particularly relevant when dealing with products that are sold through a wholesale channel, as the wholesaler has a higher percentage of the sales price than the retailer. For example, if a manufacturer sells a product at a wholesale price and then enters into