Commodity certificate

Commodity certificate

Commodity certificates are payments issued by the Commodity Credit Corporation (CCC) in lieu of cash payments to participants in farm subsidy or agricultural export programs. Holders of certificates are permitted to exchange them for commodities owned by the CCC. Alternatively, farmers may buy certificates and use them to settle marketing assistance loans as a way of avoiding per person payment limits on marketing loan gains and loan deficiency payments (LDPs).

References


Wikimedia Foundation. 2010.

Игры ⚽ Поможем сделать НИР

Look at other dictionaries:

  • Commodity money — A 1914 British Gold sovereign Commodity money is money whose value comes from a commodity out of which it is made. It is objects that have value in themselves as well as for use as money.[1] Examples of commod …   Wikipedia

  • certificate of origin — a document certifying the country of manufacture of a commodity, often required by the customs office before importation. * * * certificate of origin, a document certifying the place of production of a stated commodity, required by the customs… …   Useful english dictionary

  • Certificate Of Origin - CO — A document declaring in which country a commodity or good was manufactured. The certificate of origin contains information regarding the product s destination and country of export and is required by many treaty agreements before being accepted… …   Investment dictionary

  • certificate of quality — A certificate to provide proof that goods to be traded in a commodity market comply with an agreed standard …   Big dictionary of business and management

  • certificate of quality — /səˌtɪfɪkət əv kwɒlɪti/ noun a certificate showing the grade of a soft commodity …   Dictionary of banking and finance

  • certificate of origin — a document certifying the country of manufacture of a commodity, often required by the customs office before importation. * * * …   Universalium

  • Grading Certificate — A document issued by inspectors or an approved grading panel that formally signifies the quality of a commodity. The grading certificate is important because a commodity must be identified as exchange grade to be deliverable. Commodities… …   Investment dictionary

  • China Compulsory Certificate — The China Compulsory Certificate mark, commonly known as CCC Mark, is a compulsory safety mark for many products sold on the Chinese market. It became effective on May 1, 2002. It is the result of the integration of China s two old compulsory… …   Wikipedia

  • Dalian Commodity Exchange — 大连商品交易所 Type Non profit institution (administered by CSRC) Industry Financial Founded 1993 as Dalian Commodity Exchange Headquarters …   Wikipedia

  • National Commodity and Derivatives Exchange — National Commodity Derivatives Exchange Type Online commodity exchange Founded 15 December 2003 Headquarters Mumbai, Maharashtra, Indi …   Wikipedia

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”