让步 (ràng bù)

to concede; to give in; to yield; a concession; (linguistics) concessi

Character breakdown

让 (ràng) · 5 strokes

Phonosemantic compound. 讠 represents the meaning and 上 represents the sound. Simplified form of 讓.
步 (Bù) · 7 strokes

Pictograph of one foot in front of another, depicting footsteps.