concede

verb
UK /kənˈsiːd/
US /kənˈsiːd/

To admit that something is true or that you lost.

After a long argument, he finally conceded that she was right.


OTHER MEANINGS

2. To give up something, such as a point in a game or a right.

The team conceded a goal in the last minute.

3. To allow someone to have something, often unwillingly.

The manager conceded the workers a small pay rise.

4. To stop trying to win and accept defeat.

She refused to concede the race until every vote was counted.