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Home > Terms > English, UK (UE) > Payment-in-kind programme
Payment-in-kind programme
A government programme in which farmers who comply with a voluntary acreage-control programme and set aside an additional percentage of acreage specified by the government receive certificates that can be redeemed for government-owned stocks of grain.
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- Part of Speech: noun
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- Industry/Domain: Financial services
- Category: Commodity exchange
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