Terminology Tuesday: Favored Nations
Before we get into todayโs #terminologytuesday, we canโt reiterate enough how important it is for actors to take an active role in understanding and shaping your deals. โ โ ๐๐ฃ ๐ค๐ง๐๐๐ง ๐ฉ๐ค ๐๐๐ซ๐ ๐๐ค๐ฃ๐ฉ๐ง๐ค๐ก ๐๐ฃ ๐ฎ๐ค๐ช๐ง ๐๐๐ง๐๐๐ง, ๐ฎ๐ค๐ช ๐ข๐ช๐จ๐ฉ ๐๐๐ซ๐ ๐ ๐ฌ๐ค๐ง๐ ๐๐ฃ๐ ๐ ๐ฃ๐ค๐ฌ๐ก๐๐๐๐ ๐ค๐ ๐ฉ๐๐ ๐๐ช๐ฃ๐๐๐ข๐๐ฃ๐ฉ๐๐ก ๐๐ค๐ฃ๐๐๐ฅ๐ฉ๐จ ๐ค๐ ๐ฉ๐๐๐จ๐ ๐๐๐๐ก๐จ.โ โ Today, weโll break down an important and frequently used term: ๐ง๐ข๐ท๐ฐ๐ณ๐ฆ๐ฅ ๐ฏ๐ข๐ต๐ช๐ฐ๐ฏ๐ด. โ โ Most favored nations (or most commonly known as just ‘MFN’) means that you are getting …