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Concession agreement |
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Concession agreementAn understanding between a company and the host government that specifies the rules under which the company can operate locally.Concession agreement Similar MatchesConcessional financingConcessional financingLoans made by a government at an interest rate below the market rate as an indirect method of providing a subsidy. Selling concessionSelling concessionThe discount underwriters offer the selling group on securities in a new issue. ConcessionConcessionThe per-share or per-bond compensation of a selling group for participating in a corporate underwriting. ConcessionConcessionThe term used in GATT negotiations for a country's agreement to bind a tariff or otherwise reduce import restrictions, usually in return for comparable "concessions" by other countries. Use of this term, with its connotation of loss, for what economic theory suggests is often a beneficial act, is part of what has been called GATT-Speak. |
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