concede

Verb

• acknowledge defeat
  • The candidate conceded after enough votes had come in to show that he would lose
    

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

• be willing to concede
  • I grant you this much
    

• admit (to a wrongdoing)
  • She confessed that she had taken the money
    

Related words

• Synonyms: 
  yield , cede , grant , profess , confess