Business Pitch Dictionary by pitch.dog
Quality systems & corrective action · Working

Concession

Also called: use-as-is approval

ELI5

Authorisation to use or release output that does not fully conform to specified requirements.

Used in conversation

“Which version of concession should the board treat as current?”

Pitch context

You will see “Concession” in operating plans, procurement packs, supplier reviews and supply-chain reports when the discussion reaches quality systems & corrective action.

Why it matters: In quality systems & corrective action, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

Sources & evidence · 3

Direct term-level sources and supporting source families.