most favored nation
English
editAlternative forms
editNoun
editmost favored nation (plural most favored nations)
- (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
editCoordinate terms
editTranslations
editmost favored nation
|