Farm Credit Administration (FCA): The independent federal regulator responsible for examining and insuring the safety and soundness of all Farm Credit System institutions. The FCA is governed by a 3-member, Presidentially-appointed board of directors, one of whom serves as chairman.

 

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Farm Credit Administration (FCA): The independent federal regulator responsible for examining and insuring the safety and soundness of all Farm Credit System institutions. The FCA is governed by a 3-member, Presidentially-ap . . . View Full Definition

Gross Farm Income: The monetary and non-monetary income received by farm operators. Its main components include cash receipts from the sale of farm products, government payments, other farm income (such as inc . . . View Full Definition

GSM-102 Intermediate-Term Export Credit Guarantee Program.: An Export Credit Guarantee Program that covers credit terms up to 3 years. The program underwrites credit extended by the private banking sector to approved foreign banks using dollar-denomi . . . View Full Definition

GSM-103 Short-Term Export Credit Guarantee Program: An Export Credit Guarantee Program that covers credit terms up to 10 years. The program underwrites credit extended by the private banking sector to approved foreign banks using dollar-denom . . . View Full Definition

GSM-5 Direct Export Credit Program: A federal export assistance program once operated by the Foreign Agricultural Service. Loans were made directly by the Commodity Credit Corporation at USDA-determined interest rates to forei . . . View Full Definition

Grain Inspection Packers And Stockyards Administration (GIPSA): An agency established in 1994 that combines the Federal Grain Inspection Service (FGIS) and the Packers and Stockyards Administration (P&S). FGIS provides grain marketing standards and an of . . . View Full Definition

Geographic Farming: Farming/prospecting an area defined by specific geographic boundaries. The best geographic farms are particular subdivisions with similar demographics, such as: the price of homes, the ages . . . View Full Definition

Foreign Tax Credit: A special type of corporation created by the Tax Reform Act of 1984 that is designed to provide a tax incentive for exporting U.S.-produced goods.

Freedom-To-Farm: A phrase that was used in the congressional arena to characterize the production flexibility contract provisions of the FAIR Act of 1996.

Full Faith And Credit: Federal and municipal governments can promise repayment of debt securities they issue because they can raise money through taxes, borrowing, and other sources of revenue. That power is descr . . . View Full Definition