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What (who) is D'Arcy Concession - definition

D'Arcy Concession

CONCESSION SIGNED IN 1901

D'Arcy concession; D’Arcy Concession

The D'Arcy Concession was a petroleum oil concession that was signed in 1901 between William Knox D'Arcy and Mozzafar al-Din, Shah of Persia. The oil concession gave D'Arcy the exclusive rights to prospect for oil in Persia (now Iran).

https://en.wikipedia.org/wiki/D'Arcy_Concession

concessionaire

GRANT OF RIGHTS, LAND OR PROPERTY BY A GOVERNMENT, LOCAL AUTHORITY, CORPORATION, INDIVIDUAL OR OTHER LEGAL ENTITY

Concessionaire; Concession contract; Contractual right; Binding rights; Legally binding rights; Concessions (business); Concession agreement; Concession theory; Concessionary company; Concession (retail); Letter of concession; Concessionary holding

(concessionaires)

A concessionaire is a person or company that has the right to sell a product or to run a business, especially in a building belonging to another business. (AM BUSINESS; in BRIT, use franchisee
)

N-COUNT

Concessionaire

GRANT OF RIGHTS, LAND OR PROPERTY BY A GOVERNMENT, LOCAL AUTHORITY, CORPORATION, INDIVIDUAL OR OTHER LEGAL ENTITY

Concessionaire; Concession contract; Contractual right; Binding rights; Legally binding rights; Concessions (business); Concession agreement; Concession theory; Concessionary company; Concession (retail); Letter of concession; Concessionary holding

·add. ·noun ·Alt. of Concessionnaire.