Home >  Term: advance recourse loans
advance recourse loans

Price-support loans made early in a crop year to farmers to enable them to hold their crops for later sale, usually within the marketing year. Farmers must repay the recourse loan with interest and reclaim their collateral.

0 0

ผู้สร้าง

  • AjayOwor
  •  (Gold) 1463 points
  • 100% positive feedback
© 2024 CSOFT International, Ltd.