Concession /kənˈseʃ.ən/ n. (常指为结束争端而作出的)认可,让与,让步,妥协
meaning: something that is allowed or given up, often in order to end a disagreement, or the act of allowing or giving this
1) 前缀:con-全部,共同,所有
2) 词根:cess- 走(success)
3) 后缀:-ion 名词后缀
e.g. We made too many concessions and we got too little in return. 我们作出了太多让步,而得到了太少回报。