concessionaires
Pronunciation: [kənˌsɛʃəˈnɪrz]
Word
Context: "business"
(noun) a concessionaire is a person or company that has the right to sell goods or services in a specific place, often at events like fairs, stadiums, or theaters. They usually pay for this right.
Example
The concessionaire at the stadium sells delicious hot dogs and nachos during the games.
Example
The concessionaire didn't sell enough snacks last week, so they lost money.
Example
Who is the concessionaire for the upcoming concert at the arena?
Context: "law"
(noun) in legal terms, a concessionaire can refer to someone who has been granted rights by a government or authority to operate in a certain way or to use certain resources. This often relates to business agreements.
Example
The government awarded the concessionaire a contract to manage the park for the next 10 years.
Example
The previous concessionaire lost their rights because they did not follow the rules.
Example
What are the responsibilities of a concessionaire in this contract?
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