most favored nation Hear it!

most favored nation definition

most favored nation

a nation to which privileges of trade are extended under a government policy of giving the same privileges to all nations that are given to any one of them, sometimes depending on whether certain conditions, as of reciprocity, are met

Webster's New World College Dictionary Copyright © 2009 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.