Business / Agriculture / Conservation Plan: A combination of land uses and farming practices to protect and improve soil productivity and water quality, and to prevent deterioration of natural resources on all or part of a farm. Plans may be prepared by staff working in conservation districts and must meet technical standards. For some purposes, such as conservation compliance, the plan must be approved by the local conservation district. Under the 1996 FAIR Act, conservation plans for conservation compliance must be both technically and economically feasible.
Conservation Adverb Synonyms: preservation, protection, safe keeping, maintenance, upkeep, management, safeguarding, husbandry, economy
Plan Noun Synonyms: design, layout, blueprint, scheme, method, procedure, system, arrangement, programme, project, formula, pattern, script, scenario
Business / Agriculture / Land Use Plan: A coordinated collection of data, programs, and activities related to existing and potential uses of land and resources within a defined area. Commonly associated with local units of government trying MORE
Business / Finance / Planned Amortization Class (PAC): (1) The class of CMO that has the most stable cash flows and the lowest prepayment risk of any class of CMO Because of a stable cash flow, it is considered the least risky CMO (2) A CMO bond class tha MORE