Related Words

Allotment: A certain number of rooms, cabins or other items held by an operator to sell, usually by a certain date.

Acreage Allotment: Under provisions of permanent commodity price support law, a farm’s acreage allotment is its share, based on its previous production, of the national acreage needed to produce sufficient sup . . . View Full Definition

Marketing Quotas (Or Allotments): Authorized by the Agricultural Adjustment Act of 1938, these quotas (sometimes called poundage quotas) limit marketings of certain commodities. The marketing quota, which must be approved by . . . View Full Definition

Soil Conservation And Domestic Allotment Act Of 1936: P.L. 74-46 (February 26, 1936) was designed to support farm income by making soil-conservation and soil-building payments to participating farmers. This design overcame the unconstitutional . . . View Full Definition

Flue-Cured Tobacco: A type of cigarette tobacco, it and burley tobacco account for more than 90% of U.S. tobacco production. Flue-cured tobacco production is limited by national marketing quotas and acreage all . . . View Full Definition

Food And Agriculture Act Of 1977: P.L. 95-113 (September 9, 1977) was an omnibus farm bill. It increased price and income supports and established a farmer-owned reserve for grain. It also established a new two-tiered pricin . . . View Full Definition

No Net Cost Tobacco Act Of 1982: P.L. 97-218 (July 20, 1982) required that the tobacco price support program operate at no net cost to taxpayers, other than for the administrative expenses common to all price support progra . . . View Full Definition

Personal Days: A benefit designed to provide employees with an allotment of paid days off in addition to holidays, sick days or vacation days, which they can use to attend to personal matters.

Supply Control Programs: Any of several government programs to influence the supply of farm products on the market. Some, such as acreage allotments and marketing quotas, are considered mandatory, in that farmers wh . . . View Full Definition

Sugar Price Support Program: The federal program that maintains a minimum price for sugar. The new program covers the 1996-2002 crops of sugar beets and sugarcane. Under the FAIR Act of 1996, sugar processors benefit fr . . . View Full Definition