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ALL meanings of most favored nation

most fa·vored na·tion
M m
  • noun 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 0
  • noun most favored nation A nation accorded a certain level of treatment in international trade. When a nation A is a most favored nation of another nation, B, then B undertakes not to treat A any less favorably (in terms of taxes, exports, etc.) than any of B's other most favored nations. 0
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