Business / Agriculture / Homestead Protection: When a USDA farm loan borrower lacks the financial resources to make payments on a delinquent loan, is ineligible for a restructured loan, and is unable to buy out the loan at the net recovery value of the collateral property, the borrower can convey the property to USDA in lieu of loan payments. Until eliminated by the FAIR Act of 1996, the borrower may have been eligible for homestead protection, whereby the borrower could lease and/or purchase the residence and up to 10 acres of adjoining land.
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Protection Verb Synonyms: extortion, blackmail, protection money
Protection Adjective Synonyms: defense, screen, shield, barrier, guard, safeguard, immunity, bulwark, buffer, shelter, refuge, haven, sanctuary, security, safe keeping, safety, preservation
Business / Human Resources (HR) / Older Workers Benefit Protection Act (OWBPA) Of 1990: OWBPA amended the ADEA prohibiting all employers from age discrimination in employee benefits programs by either providing equal benefits for older and younger workers or by spending an equal amount o MORE
Business / Taxes / Order Protection Rule: The order protection rule, part of Regulation NMS — for National Market System — adopted by the Securities and Exchange Commission (SEC) in 2005, requires that every stock trading center establish MORE