Glossary
What is Concession?
An agreement, recorded in writing, where a buyer or brand knowingly accepts goods that failed a stated required result, usually at a reduced price.
This term in other languages
| Arabic | تنازل موثق |
|---|---|
| French | Concession documentée |
| Turkish | Belgelenmiş taviz |
Learn it in the lesson
What happens when a test fails close to shipment, and the options that follow
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