Home > Term: Production Credit Associations
Production Credit Associations
Lending groups, owned by their farmer-borrowers, that provide short and intermediate-tem loans for up to 10 years from funds obtained from investors in money markets. These associations are an integral part of the Farm Credit System.
- Part of Speech: noun
- Industry/Domain: Agriculture
- Category: Agricultural programs & laws
- Company: USDA
0
Creator
- AjayOwor
- 100% positive feedback