In negotiations, a "concession" typically signifies a?

In negotiations, a "concession" refers to a grant made in negotiations, where one party agrees to give up something of value in order to reach an agreement or compromise. This is an essential tactic in negotiations, as it demonstrates flexibility and can help build goodwill between the negotiating parties. Concessions are often strategically made to encourage the other party to reciprocate with their own concessions, thus moving the negotiation closer to a resolution.

The other options present contrasting ideas. A hardline stance implies an inflexible position with no willingness to adapt or compromise, which is the opposite of what a concession represents. A complete rejection of terms signifies a total dismissal of the negotiation effort, rather than participation through concessions. Finally, a final victory suggests a resolution that grants one party everything they sought, without any need for concessions, which does not align with the cooperative nature of true negotiation.