Agricultural Credit


Agricultural Credit
Any of several credit vehicles used to finance agricultural transactions, including loans, notes, bills of exchange and banker's acceptances. These types of financing are adapted to the specific financial needs of farmers, which are determined by planting, harvesting and marketing cycles.

Short-term credit finances operating expenses, intermediate-term credit is used for farm machinery, and long-term credit is used for real-estate financing.

In the U.S., the Federal Farm Credit System (FFCS) plays a key role in agricultural credit. Originated in 1916, the FFCS comprises approximately 100 institutions with over $180 billion in assets and provides an estimated 35% of the real-estate and non-real-estate borrowing needs of U.S. farmers.


Investment dictionary. . 2012.

Look at other dictionaries:

  • Agricultural Credit Corporation Ltd — ACC A corporation established in 1964 to extend the availability of medium term bank credit for buildings, equipment, livestock, and working capital to farmers, growers, and co operatives. The ACC offers a guarantee to the farmer s bank for such… …   Big dictionary of business and management

  • credit — creditless, adj. /kred it/, n. 1. commendation or honor given for some action, quality, etc.: Give credit where it is due. 2. a source of pride or honor: You are a credit to your school. 3. the ascription or acknowledgment of something as due or… …   Universalium

  • Credit union — Financial market participants Collective invest …   Wikipedia

  • Agricultural Bank of Libya — Libyan Agricultural Bank Type State owned Industry Banking Founded 1957 Headquarters 52, Omar El Mokhtar Street, Tripoli, Libya Products Agriculture Loans …   Wikipedia

  • Credit union history — Credit unions are community based banks organized according to cooperative principles. In the early stages of development of a nation s financial system, unserved and underserved populations must rely on risky and expensive informal financial… …   Wikipedia

  • Agricultural law — deals with law on Agricultural infrastructure, seed, water, fertilizer, pesticide, etc; Law on agricultural finance, Law on agricultural labour; agricultural marketing; Agricultural insurance, Farming rights, Land tenure and tenancy system and… …   Wikipedia

  • credit bank — ➔ bank1 * * * credit bank UK US noun [C] ► BANKING used in the names of some banks that lend money: »Federal Intermediate Credit Banks provide short term loans to the agricultural sector …   Financial and business terms

  • Agricultural Stabilization and Conservation Service — (ASCS) was an agency of the United States Department of Agriculture. It administered programs concerning farm products and agricultural conservation. It granted loans to farmers; purchased farm products from farmers and processors; administered… …   Wikipedia

  • Agricultural cooperative — President of an agricultural cooperative in Guinea in an onion field An agricultural cooperative, also known as a farmers co op, is a cooperative where farmers pool their resources in certain areas of activity. A broad typology of agricultural… …   Wikipedia

  • agricultural economics — Introduction       study of the allocation, distribution, and utilization of the resources used, along with the commodities produced, by farming. Agricultural economics plays a role in the economics of development, for a continuous level of farm… …   Universalium