Most Favored Nations
Type: noun
Pronunciation: /most-fav-urd-nay-shuns/
Also spelled or known as: MFN
Related: Licensing Agreement, MFN
What does Most Favored Nations mean? A contract provision requiring equal treatment among parties.
In music licensing, Most Favored Nations aka MFN ensures that one party receives terms no less favorable than another similarly situated party.
Most Favored Nations synonyms: MFN, Equal Terms Clause, Matching Terms Provision
Example sentence: “The publisher requested a Most Favored Nations clause in the sync agreement.”
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