This is the 12648th most frequent Russian word.
концессии
"Concessions" – agreements granting rights or privileges, often for business or resource use.
Used to mean a lease agreement or concession provided to perform specific tasks.
Государство предложило концессии иностранным инвесторам для строительства дорог.
The state offered concessions to foreign investors for road construction.
Refers to a permit or authorization for using resources.
Компания получила концессии на добычу полезных ископаемых в этом районе.
The company received a concession for mining resources in this area.
Implying compromises made during negotiations.