most-favored-nation
[mohst-fey-verd-ney-shuh n]
- of or relating to the status, treatment, terms, etc., that are embodied in or conferred by a most-favored-nation clause.
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Origin of most-favored-nation
First recorded in 1750–60
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
Examples from the Web for most-favored-nation
Historical Examples
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 RooseveltTheodore Roosevelt
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.
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The New Dictionary of Cultural Literacy, Third Edition
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