concede (v)

The government has conceded (that) the new tax policy has been a disaster.
After a thorough debate, the politician had to concede that the opposing viewpoint had valid arguments.
In negotiations, both parties may need to concede certain points to reach a mutually acceptable agreement.
The scientist had to concede that the experiment did not yield the expected results, prompting a reevaluation of the hypothesis.
Recognizing the overwhelming evidence, the defendant decided to concede the accuracy of the witness's testimony.