- Industry: Government
- Number of terms: 41534
- Number of blossaries: 0
- Company Profile:
Forward contracting in which the price is fixed at the time the contract is entered.
Industry:Agriculture
It is common to express the degree of concentration within an industry, including agriculture (that is, the degree to which a few firms dominate sales or production) as a ratio, by stating the share (%) held by the top four firms.
Industry:Agriculture
A 1992 United Nations agreement in which signatory nations recognized the problem posed by climate change. They also agreed to the objective of stabilizing greenhouse gases in the atmosphere at a level that is not dangerous, and committed to doing this soon enough to ensure that food production is not threatened by changing climates.
Industry:Agriculture
Refers to a federally subsidized meal (or snacks or half-pint of milk) that is offered under a child nutrition program at no cost to children who apply for and whose family income qualifies them for it. Income eligibility for free meals is set at 130% or less of the federal poverty income level, and substantially higher subsidies generally are provided for these meals than for paid meals, or reduced price meals.
Industry:Agriculture
A system in which the market forces of supply and demand determine prices and allocate available supplies, without government intervention. The concept of a free-market approach in agricultural policy, in its purest form, is no government price and income support programs, supply management programs, export subsidies, or barriers to international trade.
Industry:Agriculture
Indicates that the seller assumes all responsibilities and costs up to the specific point or stage of delivery named including transportation, packing, insuring, etc. A wide variety of f.o.b. terms is used, such as f.o.b. factor Detroit, f.o.b. cars New York, f.o.b. ship Norfolk. "Free on board vessel," under most P.L. 480 grain contracts, means delivery at the discharge end of the loading spout.
Industry:Agriculture
In agricultural policy, the term generally refers to a firm or person who benefits from a collectively funded activity (such as a generic advertising and promotion, or check-off, program) without contributing to its costs.
Industry:Agriculture
Commodity stocks owned by farmers or others in the trade, rather than by those owned or controlled by the government. (Supplies in the Food Security Commodity Reserve are government-controlled and not considered free stocks.).
Industry:Agriculture
A proposed multilateral agreement that would establish free trade in all products, including agricultural products, for all the countries of the Western Hemisphere, except Cuba. Launched at the Summit of the Americas in Santiago, Chile, in March 1998, the negotiations to establish the FTAA are expected to be completed by 2005.
Industry:Agriculture
A group of countries that have removed trade barriers among the members, but each country may maintain its own trade regime with nonmember countries. The best known current example is the North American Free Trade Agreement (NAFTA).
Industry:Agriculture
