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From: Webster's Revised Unabridged Dictionary (1913)

 Con·cede v. t. [imp. & p. p. Conceded; p. pr. & vb. n. Conceding.]
 1. To yield or suffer; to surrender; to grant; as, to concede the point in question.
 2. To grant, as a right or privilege; to make concession of.
 3. To admit to be true; to acknowledge.
    We concede that their citizens were those who lived under different forms.   --Burke.
 Syn: -- To grant; allow; admit; yield; surrender.