No Observable Adverse Effect Level (NOAEL): From long-term toxicological studies of agricultural chemical active ingredients, levels which indicate a safe, lifetime exposure level. Used in setting pesticide residue tolerances.

 

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No Observable Adverse Effect Level (NOAEL): From long-term toxicological studies of agricultural chemical active ingredients, levels which indicate a safe, lifetime exposure level. Used in setting pesticide residue tolerances.

Normal Annuity Form: The manner in which retirement benefits are paid out.

Normal Backwardation Theory: Holds that the futures price will be bid down to a level below the expected spot price.

Normal: The recognized standard value of a meteorological element as it has been averaged in a given location over a fixed number of years. Normals are concerned with the distribution of data within . . . View Full Definition

Norepinephrine: A hormone produced in the adrenal medulla and secreted under stress; contributes to the fight or fiight response.

Normal Crop Acreage: The acreage on a farm normally devoted to a group of designated crops. When a set-aside program is in effect, a participating farm’s total planted acreage of such designated crops plus set-a . . . View Full Definition

Normal Deviate: Related: Standardized value

Normal Investment Practice: The investment history of a customer, which is used as a benchmark to test the bona fide public offerings requirement of the allocation of a hot issue.

Normal Flex Acreage: A provision of the Omnibus Budget Reconciliation Act of 1990 requiring a mandatory 15% reduction in payment acreage. Under this provision, producers were ineligible to receive deficiency pay . . . View Full Definition

Normal Fault: A fault with vertical movement and an inclined fault plane. The block above the fault has moved down relative to the block below the fault.