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Definition of Most favoured nation - Finance dictionary
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Most favoured nation
The "Most Favoured Nation" clause in a contract entered into between Party A and Party B provides Party B with the automatic right to be offered by Party A the most advantageous terms of trade granted by Party A to any other third party. The Parties can be nations (sovereign states), but can also be companies or individuals.
Most favoured nation
The "Most Favoured Nation" clause in a contract entered into between Party A and Party B provides Party B with the automatic right to be offered by Party A the most advantageous terms of trade granted by Party A to any other third party. The Parties can be nations (sovereign states), but can also be companies or individuals.
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Definitions of terms begining
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Most favoured nation
The "Most Favoured Nation" clause in a contract entered into between Party A and Party B provides Party B with the automatic right to be offered by Party A the most advantageous terms of trade granted by Party A to any other third party. The Parties can be nations (sovereign states), but can also be companies or individuals.
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