Hatch Act Of 1887

Business / Agriculture / Hatch Act Of 1887: The permanent statute (24 Stat. 440) authorizing federal funds to state agricultural experiment stations affiliated with the land grant colleges of agriculture. Congress last amended the act in 1955, adding a formula that USDA uses to allocate the annual appropriation among the states. The formula provides for each state to receive what it received in 1955 as a base amount. Sums appropriated in excess of the 1955 level are distributed as follows: 20% is allotted equally to each state: 52% is allocated on the basis of a state’s share of U.S. rural and farm population: a maximum of 25% is allocated to the states for research projects that involve more than one state: and 3% is reserved for administration. On average, Hatch Act formula funds constitute 10% of total funding for each experiment station.

Other Words for Act

Act Noun Synonyms: deed, action, undertaking, operation, step, move, feat, exploit, accomplishment, achievement
Act Verb Synonyms: behave (oneself), carry on, deport oneself, comport oneself, conduct oneself
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Other Words for Hatch

Hatch Adjective Synonyms: breed, brood, incubate, bring forth
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Out-Of-The-Money Option

Business / Finance / Out-Of-The-Money Option: A call option is out of the money if the strike price is greater than the market price of the underlying security. That is, you have the right to purchase a security at a price higher than the market MORE

Outside Of You

Business / Finance / Outside Of You: Used for listed equity securities. Another order bidding for or offering stock at the same price that the trader has put on the floor himself, represented by another broker in the trading crowd. These MORE

Out-Of-The-Money

Business / Taxes / Out-Of-The-Money: An option is out-of-the-money when the market price of an instrument on which you hold an option is not close to the strike price. Call options — which you buy when you think the price is going up MORE

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