Business / Agriculture / Normal Crop Acreage: The acreage on a farm normally devoted to a group of designated crops. When a set-aside program is in effect, a participating farm’s total planted acreage of such designated crops plus set-aside acreage cannot exceed the normal crop acreage. The authority for set-asides was eliminated by the FAIR Act of 1996.
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Normal Noun Synonyms: standard, regular, average, conventional,ual, run-of-the-mill, ordinary, routine, universal, general, common, customary, natural, typical, conformist, orthodox, healthy
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Business / Agriculture / Normal Flex Acreage: A provision of the Omnibus Budget Reconciliation Act of 1990 requiring a mandatory 15% reduction in payment acreage. Under this provision, producers were ineligible to receive deficiency payments on 1 MORE
Business / Finance / Normal Investment Practice: The investment history of a customer, which is used as a benchmark to test the bona fide public offerings requirement of the allocation of a hot issue. MORE
Science / Geology / Normal Fault: A fault with vertical movement and an inclined fault plane. The block above the fault has moved down relative to the block below the fault. MORE