Interest concession - United Nations Economic and Social Commission for Western Asia
Term:
Interest concession
Definition:

An interest concession is a reduction, compared with commercial interest rates, in the interest rate charged on a loan taken out. Such concessions are typically provided directly by a government agency or by a government grant to a lending bank (in the case of a commercial loan).

Domain:
Finance
Source:
Review of Fisheries in OECD Countries: Glossary, February 1998
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