mutual concession

noun phrase
UK /ˈmjuːtʃuəl kənˈsɛʃən/
US /ˈmjuːtʃuəl kənˈsɛʃən/

When two people each give up a little of what they want so they can agree.

The two friends made a mutual concession and shared the last cookie.


OTHER MEANINGS

2. A deal where both sides accept less than they first asked for.

After a long talk, the neighbors reached a mutual concession about the fence.

3. The act of both parties yielding a point to keep peace.

Their mutual concession ended the argument quickly.

4. A shared willingness to bend so a plan can move forward.

The team's mutual concession let the project start on time.