Dictionary
Thesaurus
Encyclopedia
Translator
Web

Most-favored-nation clause

 - 2 dictionary results

most-favored-nation clause

–noun
a clause in a commercial treaty or contract by which each signatory agrees to give the other the same treatment that is or will be accorded any other nation.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
Cite This Source Link To Most-favored-nation clause
Legal Dictionary

Main Entry: most–fa·vored–na·tion clause
Function: noun
: a clause in a treaty granting to a nation in certain stipulated matters the same terms as are then or may thereafter be granted to any other nation
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
Cite This Source
Search another word or see Most-favored-nation clause on Thesaurus | Reference
FacebookTwitterFollow us: