most favored nation

English

Alternative forms

• most favoured nation

Noun

most favored nation (plural most favored nations)

1. (trade, diplomacy) A nation accorded a certain level of treatment in international trade. When a nation A is a most favored nation of another nation, B, then B undertakes not to treat A any less favorably (in terms of taxes, exports, etc.) than any of B's other most favored nations.

Synonyms

• MFN

 

Coordinate terms

• permanent normalised trade relations
• permanent normalized trade relations
• permanent normal trade relations
• PNTR

 

Translations

most favored nation

• Hungarian: a legnagyobb kedvezmény elve
• Korean: 최혜국 (choehyeguk)
• Polish: klauzula największego uprzywilejowania f (lit. the clause of the most favored)
• Swedish: mest-gynnad-nation

See also

• normalised trade relations
• normalized trade relations
• normal trade relations
• trade
• trade relations