Most-favored-nation meaning

mōstfāvərd-nāshən
Of or relating to a commercial treaty in which the signatories agree to accord each other the same favorable terms that are offered in agreements with any other nation.
adjective
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The status granted to a nation, as by a trade agreement, that entitles it to receive from the granting nation the most favorable terms of trade that the granter gives to any nation.
noun
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