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French Equivalent: Bonnification d’intérêts

An interest concession is a reduction, compared with commercial interest rates, in the interest rate charged on a loan taken out. Such concessions are typically provided directly by a government agency or by a government grant to a lending bank (in the case of a commercial loan).

Source Publication:
Review of Fisheries in OECD Countries: Glossary, February 1998.

Statistical Theme: Financial statistics

Created on Tuesday, September 25, 2001

Last updated on Wednesday, August 7, 2002