most favored nation.A treaty status granted to a nation, usu. in international trade, allowing it to enjoy the privileges that the other party accords to other nations under similar circumstances. • The primary effect of most-favored-nation status is lower trade tariffs. — Sometimes shortened to favored nation. — Also termed most-favored-nation status. — Abbr. MFN. [Cases: Treaties 8.

C.J.S. Treaties § 6.]

[Blacks Law 8th]