most favored nation

most favored nation
n.
A nation that is accorded the most favorable rights and privileges, especially trade rights, that can be granted by another nation.
abbrv.
MFN

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.

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  • 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 — ➔ nation …   Financial and business terms

  • most favored nation — n. a nation to which privileges of trade are extended under a government policy of giving the same privileges to all nations that are given to any one of them, sometimes depending on whether certain conditions, as of reciprocity, are met * * * …   Universalium

  • most favored nation — n. a nation to which privileges of trade are extended under a government policy of giving the same privileges to all nations that are given to any one of them, sometimes depending on whether certain conditions, as of reciprocity, are met …   English World dictionary

  • 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 — /mohst fay veuhrd nay sheuhn/, adj. of or pertaining to the status, treatment, terms, etc., that are embodied in or conferred by a most favored nation clause. [1750 60] * * * …   Universalium

  • 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 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 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 provision — + 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

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