reconcede
/riːkɑnˈsɛd/ or /riːkɑnˈsiːd/Definitions
1. verb
to agree or admit that one was wrong or mistaken, especially in a dispute or argument
“After reviewing the evidence, she was forced to reconcede that her initial theory was incorrect.”
2. verb
to give back or yield something that one has, especially a place or territory, to someone else
“The government was forced to reconcede the disputed territory to its neighboring country.”
3. noun
the act of giving up or yielding something, especially a place or territory
“The reconcession of the land led to a significant change in the country’s geography.”