Home > Term: income protection (IP)
income protection (IP)
A form of revenue insurance that protects a grower of an insurable crop whenever low prices, low yields, or a combination of both causes revenue to fall below a guaranteed level selected by the producer.
- Part of Speech: noun
- Industry/Domain: Agriculture
- Category: Agricultural programs & laws
- Company: USDA
0
Creator
- AjayOwor
- 100% positive feedback