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What is the role of a concessionaire?

Supervise and motivate concession team members to achieve sales revenue. Hire and train concessions employees in their assigned job responsibilities. Organize concession events and ensure that each concession station is stocked and staffed. Assist in inventory management and control activities.

What is a concessionary fee?

offered at a lower price than usual for certain people, for example students or old people: a concessionary fare/ticket.

What are the types of concession?

There are several kinds of concessions, represented by the three concession forms: Pre-requisite Waivers, General Concessions (different kinds, which are specified in the checklist on the form); and Timetable Clashes.

What does it mean to make a concession?

concession | Business English something that you agree to give someone or allow them to do, especially in order to end an argument or disagreement: offer/make concessions We would be prepared to make concessions in order to reach an agreement.

What is a concessionary company?

“Concessionary companies” refers to a system of colonial rule that employed. private companies that gave up substantial control over their operations to a sponsoring European government in order to participate in colonial expansion.

What is a concession property?

A concession or concession agreement is a grant of rights, land or property by a government, local authority, corporation, individual or other legal entity. Public services such as water supply may be operated as a concession. Short term concessions may be granted as promotional space for periods as short as one day.

What are concession rights?

Concession Rights means the contractual right to sell any kind of food, beverage or novelties at the Ballpark.

What is the difference between a concession and a lease?

A “lease” is an interest in property whereas a “concession” is a grant of a license to operate on property but doesn’t carry any inherent property rights. A definite description of the property; and. A definite price and payment arrangement.

How is rent concession calculated?

To calculate the net effective rent, you take the total amount of concession and divide it by the length of the lease, then deduct that amount from the monthly asking rent.

What are oil concessions?

“Oil and gas concessions,” refer to areas allocated by the government to companies who explore for and produce oil, natural gas and other hydrocarbons. The terminology for these areas varies from country to country.

What does concession mean?

1a : the act or an instance of conceding (as by granting something as a right, accepting something as true, or acknowledging defeat) The union will seek further concessions before accepting the contract. b : the admitting of a point claimed in argument.