Terminology Tuesday: Favored Nations
Before we get into today’s #terminologytuesday, we can’t reiterate enough how important it is for actors to take an active role in understanding and shaping your deals. 𝙄𝙣 𝙤𝙧𝙙𝙚𝙧 𝙩𝙤 𝙝𝙖𝙫𝙚 𝙘𝙤𝙣𝙩𝙧𝙤𝙡 𝙞𝙣 𝙮𝙤𝙪𝙧 𝙘𝙖𝙧𝙚𝙚𝙧, 𝙮𝙤𝙪 𝙢𝙪𝙨𝙩 𝙝𝙖𝙫𝙚 𝙖 𝙬𝙤𝙧𝙠𝙞𝙣𝙜 𝙠𝙣𝙤𝙬𝙡𝙚𝙙𝙜𝙚 𝙤𝙛 𝙩𝙝𝙚 𝙛𝙪𝙣𝙙𝙖𝙢𝙚𝙣𝙩𝙖𝙡 𝙘𝙤𝙣𝙘𝙚𝙥𝙩𝙨 𝙤𝙛 𝙩𝙝𝙚𝙨𝙚 𝙙𝙚𝙖𝙡𝙨. Today, we’ll break down an important and frequently used term: 𝘧𝘢𝘷𝘰𝘳𝘦𝘥 𝘯𝘢𝘵𝘪𝘰𝘯𝘴. Most favored nations (or most commonly known as just ‘MFN’) means that you are getting …