MEANING
Offered on terms more favorable than the usual rate or standard arrangement.
Use it for
describing loans with favorable terms; comparing subsidized and market-rate finance; discussing reduced fees or rates; identifying preferential financial arrangementsIdentifies terms deliberately more favorable than ordinary commercial or standard arrangements. Writing functions: Theory / Conceptual Language.
Words that belong together
- concessional loans
- concessional finance
- concessional terms
On the page
Concessional loans reduced the project’s borrowing costs but still had to be repaid.
The comparison separates concessional finance from grants that create no repayment obligation.
Word forms
- Base
- concessional
Usage notes
Normally non-gradable; no routine comparative or superlative. Commonly modifies loans, finance, rates or terms. Do not confuse concessional with concessive grammar. Register: technical. Commonness: moderately common in economics and public policy (qualitative editorial estimate, informed by dictionaries/corpus).
Practice this word in a sentenceYour margin notes
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