concessionality
Word Rarity
Very rare
Frequency: 0.00 in modern English
22
Scrabble Score
15
Letters
6
Syllables
10
Unique Chars
Meaning
noun
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
noun
A mechanism by which a loan or trade agreement results in the lender or one party receiving less than full market value.
Countable; Uncountable
Example Sentences
- "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."
- "The concessionality of tied aid credits is typically underwritten by development assistance (aid) agency budgets rather than export credit agency budgets."
- "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."