Concession

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CONCESSION. A grant. This word is frequently used in this sense when applied to grants made by the French and Spanish governments in Louisiana.

References in periodicals archive ?
Concessional loans in the amount of 120 million manats ($70.58 million) will be issued in the second half of the year.
Travel between Colombo and Jaffna to become more comfortable: Around 130 km railway track to be upgraded from Maho to Omanthai under Indian Concessional Financing Upgradation of this track happening for the first time in hundred years
Throughout 2019, commercial banks and finance institutions will provide concessional loans at 6, 8 and 10% per annum to farmers for crop production, animal husbandry, processing under the Seventh Agriculture Financing Project.
This means higher than concessional rates but lower than market rates.
Against the standard sales tax rate of 17%, the effective tax rate is only 7.2% due to numerous exemptions and concessional sales tax rates, according to the FBR officials.
* Construction of Breakwaters: $123 million, mix of concessional loans and grants.
According to OECD (2018) 'concessional loans are loans that are extended on terms substantially more generous than market loans.
Additionally, the escalating financial problems of gas and oil sectors will come under the discussion and the ECC will ponder over granting concessional packages to facilitate the two sectors.
The World Bank (WB) decided to extend $500 million in concessional financing to support Jordan's ongoing reforms to improve the economy and business climate by reducing business costs fostering competition, and increasing exports.
ISLAMABAD -- Mayor Islamabad, Sheikh Anser Aziz has said that edible items being provided in a large quantity at concessional rates is to benefit the residents during the month of Ramadan.
Moscow: The Sberbank's Perm Branch carried out the first transaction under the Russian Ministry of Economic Development's new Concessional Lending Programme.