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Pronunciation varies by accent · 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..
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.
Use concessionality when its meaning, tone and grammar fit the full sentence. A synonym is not always a direct replacement.
Concessionality means 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..
The closest synonym depends on the sentence and intended sense.
The opposite depends on the specific sense.
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.
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