Concede

usgb/kənˈsiːd/Volume
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LampPro Tip 1/2
Accepting DefeatPlay
Use 'concede' to show you gracefully accept loss, without excuses or blame. SlideDespite the close race, she conceded defeat.
LampPro Tip 2/2
Admitting TruthPlay
Use 'concede' when reluctantly agreeing with a fact or opinion you opposed. SlideI have to concede that you've got a point.