Business / Agriculture / Agricultural Adjustment Act Amendment Of 1935: P.L. 74-320 (August 24, 1935) made several important and lasting changes to the Agricultural Adjustment Act of 1933. Section 22 of the law gave the President authority to impose quotas when imports interfered with commodity programs designed to raise prices and farm income. Section 32 was designed to widen market outlets for surplus agricultural commodities by permanently appropriating funds to purchase commodities for primarily child nutrition programs. Section 22 has been superseded, but Section 32 continues to operate.
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Act Noun Synonyms: deed, action, undertaking, operation, step, move, feat, exploit, accomplishment, achievement
Act Verb Synonyms: behave (oneself), carry on, deport oneself, comport oneself, conduct oneself
Adjustment Noun Synonyms: adjusting, altering, alteration, setting, regulating, regulation, setting or putting right or aright or to rights, correcting, correction, calibrating, calibration, tuning
Amendment Noun Synonyms: correction, emendation, reformation, change, alteration, rectification, repair, reform, improvement, amelioration, betterment, enhancement
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Business / Finance / Out-Of-The-Money Option: A call option is out of the money if the strike price is greater than the market price of the underlying security. That is, you have the right to purchase a security at a price higher than the market MORE