concessionality

名词 n.
中文释义

英文释义

名词 n.
  1. The degree by which a loan or trade reduces the lender's or one trading partner's returns in comparison with what they would get at full market rates. countable,uncountable
    — To further discourage the use of associated financing and tied aid as a low-cost device for trade promotion, the new Guiding Principles raise the minimum level of concessionality which each transaction must attain.
  2. A mechanism by which a loan or trade agreement results in the lender or one party receiving less than full market value. countable,uncountable
    — These are what we might call the "light grey" food aid of subsidised exports, export credits and other forms of concessionalities, which apply to a very high proportion of total food exports by food aid donors.

词形变化

concessionalities plural
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