Concession (politics)
In politics, a concession is the act of a losing candidate publicly yielding to a winning candidate after an election, when the overall result of the vote has become clear.
Read more about Concession (politics): Refusal To Concede, Timing of Concession, Concession Speech
Famous quotes containing the word concession:
“Let the amelioration in our laws of property proceed from the concession of the rich, not from the grasping of the poor. Let us understand that the equitable rule is, that no one should take more than his share, let him be ever so rich.”
—Ralph Waldo Emerson (1803–1882)