Class I Land: Under reclamation law, Class I land is defined as irrigable land within a particular agricultural economic setting that is productive enough to yield the highest level of suitability for continuous, successful irrigation farming, and has the highest relative productive potential as measured in net income per acre.

 

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Class I Land: Under reclamation law, Class I land is defined as irrigable land within a particular agricultural economic setting that is productive enough to yield the highest level of suitability for con . . . View Full Definition

Class I Equivalency: The amount of less productive land in a water district receiving Bureau of Reclamation water (Classes 2, 3, and 4) that would be necessary to be equivalent in productive potential to Class I . . . View Full Definition

Penumbral Eclipse: The term applied when the Moon passes through Earth's penumbra; the shadow does not obliterate the Moon form Earth's view but causes it to appear orangish or copper-colored.

Penultimate Profit Prospect (PPP): The second-lowest-priced of the ten highest-yielding stocks in the Dow Jones Industrial Average that is said (by authors O'Higgins and Downes) to be the Dow stock with the best possibility o . . . View Full Definition