Business / Agriculture / Honey Recourse Loan Program: A program authorized by the emergency provisions of the FY1999 USDA appropriations act (P.L. 105-277, October 21, 1998) that makes recourse loans based on a national average rate of $0.56 per pound on 1998-crop honey. Final date to obtain a loan was May 7, 1999. The producer-owned honey must be merchantable and stored in acceptable containers. Loans carry an administrative fee of $0.009 per pound, bear an interest rate 1% higher than the CCC borrowing interest rate, and mature not later than 9 months following disbursement. The program is administered by the Farm Service Agency.
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Loan Verb Synonyms: advance, allowance, credit, accommodation
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Program Noun Synonyms: schedule, plan, scheme, agenda, order of the day, routine, protocol, slate, list, listing, description, outline, abstract, , calendar, menu, bill of fare, curriculum, syllabus, synopsis, summary, prospectus
Program Verb Synonyms: performance, production, show, presentation, (radio or television) play, telecast, broadcast, recital, concert
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Recourse Verb Synonyms: resort, access, entr�e, admittance, availability
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Business / Agriculture / Honey Program: Non-recourse marketing loans had long been available to support honey prices until FY1994, when the funding was suspended by provisions in annual appropriations legislation. The FACT Act of 1990 had s MORE
Business / Debt / Personal Loan: Loans available from banks and other financial institutions to private individuals for personal use such as the purchase of a motor vehicle, holiday or similar item are personal loans. Repayment perio MORE
Business / Agriculture / Peanut Price Support Program: The federal program that supports the farm price of peanuts by offering price support loans to peanut growers and by placing limits on the amount of peanuts allowed to be sold for domestic food use. F MORE