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Anonymous Posted 15 years ago
Business & Finance
Concession loan
what is the meaning of concession loan giving from one country to another
Top answer
It is a long-term, low-interest loan. These terms are made more easy than the market as a manner of aid to the recipient country. A 'concession' is a reduction in the usual price of something.
- It is a long-term, low-interest loan.
- These terms are made more easy than the market as a manner of aid to the recipient country.
- A 'concession' is a reduction in the usual price of something.
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1 Answers
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It is a long-term, low-interest loan. These terms are made more easy than the market as a manner of aid to the recipient country. A 'concession' is a reduction in the usual price of something.
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