- favored nation
Black's law dictionary. HENRY CAMPBELL BLACK, M. A.. 1990.
favored nation
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favored nation — See most favored nation clause … Black's law dictionary
Most-favored-nation clause — (Diplomacy), A clause, often inserted in treaties, by which each of the contracting nations binds itself to grant to the other in certain stipulated matters the same terms as are then, or may be thereafter, granted to the nation which receives… … The Collaborative International Dictionary of English
most-favored-nation — adjective of or relating to a commercial treaty where two nations agree to accord each other the same favorable terms that would be offered in treaties with any other nation • Pertains to noun: ↑commercial treaty * * * ˈ ̷ ̷ˈ ̷ ̷ ̷ ̷ˈ ̷ ̷ ̷ ̷… … Useful english dictionary
most favored nation clause — + Most Favored Nations Provision (MFN) USA This term has a number of meanings. In the context of: • Finance, business jargon for the concept that the first party will be entitled to at least as favorable terms as a second party in specified… … Law dictionary
most favored nation — most favored nation, the nation receiving from another nation the most advantageous terms in respect to duties, tariffs, and quotas of commodities. Terms granted to the most favored nation are frequently taken as the standard, fixing the terms to … Useful english dictionary
Most Favored Nation Clause — A level of status given to one country by another and enforced by the World Trade Organization. A country grants this clause to another nation if it is interested in increasing trade with that country. Countries achieving most favored nation… … Investment dictionary
most-favored nation — ➔ nation … Financial and business terms
most-favored-nation status — A method of establishing equality of trading opportunity among states by guaranteeing that if one country is given better trade terms by another, then all other states must get the same terms. Dictionary from West s Encyclopedia of American Law.… … Law dictionary
most favored nation clause — A clause found in most treaties providing that the citizens or subjects of the contracting nations may enjoy the privileges accorded by either party to those of the most favored nations. The general design of such clauses is to establish the… … Black's law dictionary
most favored nation clause — A clause found in most treaties providing that the citizens or subjects of the contracting nations may enjoy the privileges accorded by either party to those of the most favored nations. The general design of such clauses is to establish the… … Black's law dictionary
