most-favored-nation
[ mohst-fey-verd-ney-shuh n ]
/ ˈmoʊstˈfeɪ vərdˈneɪ ʃən /
adjective
of or relating to the status, treatment, terms, etc., that are embodied in or conferred by a most-favored-nation clause.
Origin of most-favored-nation
First recorded in 1750–60
Words nearby most-favored-nation
most,
most honourable,
most significant digit,
most unkindest cut of all,
most wanted list,
most-favored-nation,
most-favored-nation clause,
mostaganem,
mostar,
mostest,
mostly
Example sentences from the Web for most-favored-nation
Great Britain has commercial treaties on the most-favored-nation basis with Switzerland and Greece.
I am happy to be able to announce to you that Russia now treats us on the most-favored-nation basis.
State of the Union Addresses of Theodore Roosevelt |Theodore Roosevelt
Cultural definitions for most-favored-nation
most-favored-nation
Status in an international trading arrangement whereby agreements between two nations on tariffs are then extended to other nations. Every nation involved in such an arrangement will have most-favored-nation status. This policy is used, particularly by the United States, to lower tariffs, extend cooperative trading agreements, and protect nations from discriminatory treatment. Most-favored-nation agreements can also be used to apply economic pressure on nations by deliberately excluding them from international trade.