TeachMeFinance.com - explain Concessional (export) sale
Concessional (export) sale The term 'Concessional (export) sale ' as it applies to the area of agriculture can be defined as ' A sale in which a foreign buyer is allowed loan payment terms that are more favorable than those obtainable in the commercial market. Under P.L. 480, the concessional provisions (compared to the commercial market) may include a lengthy credit period, a grace period before repayment begins, and a low interest'.
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