most-favored-nation

Speech parts

1. most-favored-nation - Noun

2. most-favored-nation - Adjective

Meaning

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

Alternative names

most favored nation

Synonyms

Examples

Adding a multilateral "most-favored-nation" component to that of reciprocity, the GATT served as a framework for the gradual reduction of tariffs over the subsequent half century. citation. Source: Internet

They declared that the policy of the United States was to uphold republican institutions and to seek treaties of commerce on a most-favored-nation basis. Source: Internet

Close letter words and terms