concessional

American  

[kuhn-sesh-uhn-uhl] / kənˈsɛʃ ən əl /

adjective

1. relating to, characterized by, or being a concession.

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Other Word Forms

• concessionality noun
• concessionally adverb
• non-concessional adjective

Example Sentences

China deploys concessional loans at 1% to 6% interest.

From MarketWatch

While $350 million will take the form of "concessional lines of credit", the remaining $100 million will be given as grants.

From Barron's

But unlike previous years, where state aid budgets, grants and other forms of concessional finance dominated negotiations, talks at this year’s conference headed in a new direction.

From The Wall Street Journal

India has offered $8bn-$10bn in concessional credit over the past decade, provides duty-free access to some goods, built cross-border rail links, and supplies electricity - plus oil and LNG - from Indian grids and ports.

From BBC

COLOMBO, Sri Lanka — The Asian Development Bank said Friday that it has approved $200-million concessional loan to debt-stricken Sri Lanka to help stabilize the country’s finance sector following an unprecedented economic crisis that engulfed the Indian Ocean island nation last year.

From Washington Times