MOST FAVORED CUSTOMER

Supply contract’s price protection clause that states the seller must offer the same price to all customers including the contracting customer.

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MOST FAVORED NATION (MFN)

Non-discriminatory trade policy commitment offered reciprocally offered between two countries. Both countries set the lowest import duty and quota restrictions on each other’s imports as they do on similar imports from any other country. Under the General Agreement On Tariffs And Trade (GATT) and its successor, the World Trade Organization (WTO), Article 1 states that all signatory states must extend this treatment to each other. However, free trade areas, common markets, and customs unions are exempt from MFN provisions.

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MOST FAVORED NATION CLAUSE

a clause between nations where the countries agree to treat each other the same as the countries that treat them the best.

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MOSTRENCOS

In Spanish law. Strayed goods; estrays. White, New Recop. b. 2, tit. 2, c. 6.

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MORTH

Sax. Murder, answering exactly to the French “assassinat” or “mucrtre de guet-apens.”

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MOTE

MOTE. Sax. A meeting; an assembly. Used in composition, as burymote, folkmote, etc. -Mote-bell. The bell which was used by tlie Saxons to soinmon people to the court. Cowell.

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MOTEER

A customary service or payment at the mote or court of the lord, from which some were exempted by charter or privilege. Cowell.

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MOTEL

Term for motor hotel. Road-side, overnight accommodations facility. Offers little or no amenities other than parking space, like attached bathroom or room service.

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