Who is a concessionaire in business?
A concessionaire is a person or company that has the right to sell a product or to run a business, especially in a building belonging to another business.
How do you use concessionaire in a sentence?
Concessionaire sentence example
- The working of the mine must begin within two years of the date of the delivery of the mine to the concessionaire .
- However, it should be recognized that the existing Tunnel would then be operated by the concessionaire who will receive the tolls income.
What is a synonym for concessionaire?
List of paraphrases for “concessionaire”: dealer, dealership, concession, grantee, licensee, lessee, excellence.
What are airport concessionaires?
An Airport Concession is defined as: A business located on an Airport that is engaged in the sale of consumer goods or services to the public under an agreement with an Airport, another concessionaire, or the owner or lessee of a terminal.
What is the owner of a concession stand called?
Concession agreements often involve contracts between the nongovernmental owner of a facility and a concession owner, or concessionaire. The agreement grants the concessionaire exclusive rights to operate their business in the facility for a stated time and under specified conditions.
What is a concession in Australia?
Purpose. The Australian Government’s main purpose in issuing concession cards is to provide access to Pharmaceutical Benefits Scheme prescription items, and certain Medicare services, at a cheaper rate.
What is the opposite of concessionaire?
Opposite of the holder of a concession or grant, grantor. granter. owner. awarder.
What does concession mean in Australia?
What is aircraft concession?
A Repair or concession is defined as: “A deviation from the approved design which arises unintentionally during manufacture.
What does concessioner mean?
concessioner(Noun) One who obtains or desires to obtain a concession, as a grant of land, or a privilege or immunity of some kind; a concessionary.
What does concessionality mean?
OECD Statistics. Definition: The concessionality level is a measure of the “softness” of a credit reflecting the benefit to the borrower compared to a loan at market rate (see grant element).
What is a concession contract?
Concession (contract) (sometimes called a concession agreement), a contractual right to carry on a certain kind of business or activity in an area, such as to explore or develop its natural resources or to operate a “concession stand” within a venue Concession stand, a temporary or permanent booth that sells snacks or fast food,…
