concessional
- adjective
- /kənˈsɛʃənl/
- Specialized
- The government provided concessional loans to help low-income families purchase their first homes.
- concessional loans
- concessional terms
- concessional rates
Examples
-
As the crisis deepened in the late 1980s and the 1990s, debt-relief efforts continued on increasingly concessional terms.
Academic text (2001) -
Australia will provide $50 million in concessional credits to augment India's deep-sea fishing industry.
Academic text (1990) -
To date, efforts to obtain oil under concessional terms from Mexico and Venezuela.
Academic text (1992) -
Accordingly, it was no longer willing to provide India with weaponry at highly concessional rates.
Academic text (1997) -
At the end of 2005, its concessional loans to all of Africa reached $800 million and covered 55 projects in 22 countries.
Academic text (2008) -
At the same time, the World Bank continues to support the call for increased concessional flows and debt reduction for sub-Saharan Africa.
Academic text (1992) -
Roughly two-thirds of this assistance was concessional.
Academic text (1992) -
The privatization measures benefit those who are able to buy up or buy into state-owned enterprises, usually at concessional prices.
Academic text (1995) -
Since most of Ghana's debt is long-term and on concessional terms, its higher debt levels do not pose a burden.
Academic text (1991) -
All of this is on concessional terms, and a good deal of it—approximately 80 percent—is grant money.
Academic text (1992)
Synonyms
To give an advantage to one person or group over others
Available on better terms than normal for loans, fares, or contracts
Antonyms
How Favorable
Surface Forms
Morphology
concessional = concession (semi-transparent) = con + cess + ion + al
The word is clearly built from 'concession' plus '-al', but the specialized loan or finance sense is not fully predictable for a learner.
Etymology
Concessional comes from the verb concede, which means 'to give' or 'allow'. So, when a loan or price is described as concessional, it is a deal 'given' on easier or more helpful terms to support certain people or groups.