Concede

1. verb

   give over; surrender or relinquish to the physical control of another

   Similar: yield, cede, grant

2. verb

   admit (to a wrongdoing)

   “She confessed that she had taken the money”

   Similar: profess, confess

3. verb

   be willing to concede

   “I grant you this much”

   Similar: yield, grant

4. verb

   acknowledge defeat

   “The candidate conceded after enough votes had come in to show that he would lose”