Copyright © Philip M. Parker, INSEAD. Terms of Use.
| Domain | Definition |
Agriculture | Direct government payments made to farmers who participated in an annual commodity program for wheat, feed grains, rice, or cotton, prior to 1996. The crop-specific deficiency payment rate was based on the difference between the legislatively set target price and the lower national average market price during a specified time. The total payment was equal to the payment rate, multiplied by a farm's eligible payment acreage and the program payment yield established for the particular farm. In the latter years of the program, farmers could receive up to one-half of their projected deficiency payments at program signup. If actual deficiency payments, which were determined after the crop year, were less than advance deficiency payments, the farmer was required to reimburse the government for the difference, except for zero, 50/85-92 payments. The FAIR Act of 1996 eliminated deficiency payments and replaced them with production flexibility contract payments. (references) |
Source: compiled by the editor from various references; see credits. | |
Crosswords: DEFICIENCY PAYMENTS |
| Specialty definitions using "DEFICIENCY PAYMENTS": Acreage Reduction Program, Agricultural Act of 1970 ♦ Contract commodity, Contract payments under AMTA ♦ Direct payments ♦ Extra-long staple cotton ♦ Federal Agriculture Improvement and Reform Act of 1996, Flex acreage, Food Security Act of 1985, Food, Agriculture, Conservation, and Trade Act of 1990 ♦ Honey program ♦ Incentive payments ♦ Loan deficiency payments ♦ Normal flex acreage ♦ Optional flex acreage ♦ Payment limitation, Payment-in-kind, Production flexibility contract, Program crops, Program yield ♦ Set-aside program ♦ Target price ♦ Zero, 50/85-92 provisions. (references) |
Hexadecimal (or equivalents, 770AD-1900s) (references)44 45 46 49 43 49 45 4E 43 59 50 41 59 4D 45 4E 54 53 |
| Leonardo da Vinci (1452-1519; backwards) (references)
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Binary Code (1918-1938, probably earlier) (references)01000100 01000101 01000110 01001001 01000011 01001001 01000101 01001110 01000011 01011001 00100000 01010000 01000001 01011001 01001101 01000101 01001110 01010100 01010011 |
HTML Code (1990) (references)D E F I C I E N C Y   P A Y M E N T S |
ISO 10646 (1991-1993) (references)0044 0045 0046 0049 0043 0049 0045 004E 0043 0059 0050 0041 0059 004D 0045 004E 0054 0053 |
Encryption (beginner's substitution cypher): (references)3839404337433948375925035594739485453 |
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Copyright © Philip M. Parker, INSEAD. Terms of Use.
