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Transportlexicon - Logisticslexicon



C ...

Concession

 
An arrangement whereby a private party (concessionaire) leases assets from a public authority for an extended period and has responsibility for financing specified new fixed investments during the period and for providing specified services associated with the assets; in return, the concessionaire receives specified revenues from the operation of the assets; the assets revert to the public sector at expiration of the contract.

Deutsch: Transportlexikon - Logistiklexikon | English: Transportlexicon - Logisticslexicon | Türkce: Nakliye Sözlüğü - Lojistik Terimler