What is Concede?
1.
To admit that someone or something else is right.
To acknowledge being wrong.
Joe conceded that Jan was right about how to fix the car.
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2.
To yield or suffer; to surrender; to grant; as, to concede the bet so as to not be in the running to win anymore.
Even though Mark ended up in first place by the end of the tournament he still lost the bet because he chose to concede when Memphis lost.
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3.
What John Kerry did on Nov 3rd, 2004.
"You'll never guess who conceded."
"Why, Kerry, WHY?!"
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