Business / Agriculture / Farm Equity: The net worth of the farm sector’s assets (i.e., farmland, machinery, equipment, facilities, crop and livestock inventories) against which there is no debt. This represents all farm proprietors’ residual claims to farm assets. Increases in farm equity in the late 1970s became increasingly important for most agricultural producers as a source of additional collateral against which to obtain credit for operating and expansion purposes. The level of farm equity ranges widely from one farm to another. The overall debt-asset ratio is a measure of the farm sectors financial condition.
Equity Noun Synonyms: fairness, impartiality, even-handedness, justice, fair play, objectivity, disinterest, fair-mindedness, equitableness, open-mindedness, disinterestedness, neutrality, tolerance, judiciousness, right-mindedness, high-mindedness
Farm Noun Synonyms: cultivate, work the land, till the soil
Farm Interjectionection Synonyms: farmstead, farmhouse, grange, homestead, holding, land, farmland, acreage, arable, steading, smallholding, allotment, farm-toun, croft
Business / Agriculture / Integrated Farm Management Program (IFMP): A program authorized by the FACT Act of 1990 to assist producers in adopting resource-conserving crop rotations by protecting participants’ base acreage, payment yields, and program payments. The pr MORE
Business / Human Resources (HR) / Internal Equity: A term used to refer to employees’ perceived fairness of a company’s pay structure as it relates to their responsibilities, compensation, benefits, and working conditions compared with those of o MORE