Definition of "concessional" [concessional]

• Of, relating to, or being a concession; concessionary (adjective)

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• "During the April 2008 India-Africa Forum Summit, India pledged $500 million in concessional credit facilities to eight resource rich West-African nations."
• "External food aid now comes primarily from China and South Korea in the form of grants and long-term concessional loans."
• "Will you go further than President Bush did in your aid package to Russia, such as including long-term concessional financing or government guarantees?"