### Question
What does concessional rate of interest mean?


### Answer
**Concessional rate of interest** has the following meaning in *22 U.S.C. § 2763*:

> any rate of interest which is less than market rates of interest

#### Citation:
  - *22 U.S.C. § 2763*
  - Heading: **CHAPTER 39-ARMS EXPORT CONTROL > SUBCHAPTER II-FOREIGN MILITARY SALES AUTHORIZATIONS**

