Outrageously Funny Word Dictionary :: Concessory

👉 Concessory is a legal term in English law that refers to the rights granted by an owner of property, such as a landlord, to a tenant or occupant. It is often used when a property is sold and the proceeds are distributed among the tenants based on their rental payments over time. The term "concessory" comes from Latin, which means "to give away." In English law, it indicates that the owner of the property has granted an individual or group of individuals the right

concessory