Vocabulary Builder — Essay & Answer Writing
Concessionaire
noun
/ kun-SESH-uh-NAIR /
Medium
Meaning
A private entity that has been granted the right by a government or authority to operate, manage, or develop a public asset or service under a concession agreement
Origin / Etymology
French concessionnaire, from concession (a grant or right given)
Synonyms
Licensee
Franchisee
Operator
Antonyms
Grantor
Licensor
Regulator
Example Sentence
"Zurich Airport International AG, as the concessionaire for Noida International Airport, holds a 40-year DBFOT concession to design, build, finance, operate, and maintain the facility."
🎯 UPSC Usage
Use in GS-2 and GS-3 answers on PPP models, infrastructure development, and privatisation. Demonstrates precise understanding of concession-based governance frameworks.
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