Meaning of “concessionary” in the English Dictionary

british dictionary

"concessionary" in British English

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concessionaryadjective

uk /kənˈseʃ.ən.ər.i/ us /kənˈseʃ.ən.er.i/

offered at a lower price than usual for certain people, for example students or old people:

a concessionary fare/ticket

(Definition of “concessionary” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)