1. relating to or involving a concession or special privilege granted by an authority
2. offered at a reduced price or on special terms
Usage: British

Examples

• The government granted concessionary rights to the mining company.
• Students can buy concessionary tickets for half price.
• The concessionary agreement allowed the company to operate in the national park.
• Senior citizens are eligible for concessionary bus passes.
• The concessionary terms made the deal more attractive to investors.
• Many theaters offer concessionary rates for children and elderly patrons.