most-favored-nation status
- most-favored-nation status
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Dictionary from West's Encyclopedia of American Law.
2005.
- most-favored-nation status
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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.
Short Dictionary of (mostly American) Legal Terms and Abbreviations.
Look at other dictionaries:
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 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
most favored nation clause — section that contains information about most favored nation status … English contemporary 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 — 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 favoured nation — In international economic relations and international politics, most favoured nation (MFN) is a status or level of treatment accorded by one state to another in international trade. The term means the country which is the recipient of this… … Wikipedia
most-favoured nation — UK US UK (US most favored nation) noun [C] (ABBREVIATION MFN) ECONOMICS, POLITICS ► a country that is given the highest level of advantages by another country in international trade, such as low taxes on imports: »Full trading privileges means… … Financial and business terms
status — n. 1) to achieve status 2) celebrity status 3) a most favored nation status 4) legal status (to enjoy/have legal status) 5) one s marital status * * * [ steɪtəs] a most favored nation status celebrity status one s marital status to achieve status … Combinatory dictionary
