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Payment-in-kind
Refers to an alternative to cash payments to producers of various commodities under the U.S. Department of Agriculture acreage control programme authorised by Congress in 1985. The payments consisted of generic certificates which could be exchanged for commodities held in government warehouses or redeemed for equivalent monetary value.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Financial services
- Category: Commodity exchange
- Company:
- Product:
- Acronym-Abbreviation:
Other Languages:
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