Make Allowance (Or Milk Manufacturing Marketing Adjustment)
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Make Allowance (Or Milk Manufacturing Marketing Adjustment): The margin between the government support price for milk and the CCC’s purchase price for butter, nonfat dry milk, and cheese. This margin is administratively set to cover the costs of 'maki . . . View Full Definition
Paper Profit (Or Loss): If you own an asset that increases in value, any increase in value is a paper profit, or unrealized gain. If you sell the asset for more than you paid to buy it, your paper profit becomes an . . . View Full Definition
P.L. 480 (Or Public Law 480): P.L. 83-480 (July 10, 1954), also called Food for Peace, is the common name for food aid programs established by the Agricultural Trade Development and Assistance Act of 1954, which seeks to . . . View Full Definition
Ote (Organisation For Timeshare In Europe): A trade association in Europe composed of resort owners and developers. The OTE is similar to ARDA, but with more of an emphasis on consumer affairs.
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Pinch Hitter: A hitter who substitutes in the line-up for a starting player. The original batter can’t return to the game, so the pinch hitter or a third person tak . . . Full Definition