Mcintire-Stennis Act Of 1962

Business / Agriculture / Mcintire-Stennis Act Of 1962: P.L. 87-788 (October 10, 1962) makes funding available to the state agricultural experiment stations and to forestry schools and programs at the land grant colleges of agriculture for forestry research. The research covers such areas as reforestation, woodlands and related watershed management, outdoor recreation, wildlife habitats and wood utilization. Many of the research projects are performed cooperatively with scientists at the laboratories of the Forest Service. Mcintire-Stennis funds are distributed by a formula that allocates $10,000 to each state, with 40% of the remainder being distributed according to a state’s share of the nation’s total commercial forest land, 40% according to the value of its timber cut annually, and 20% according to its state appropriation for forestry research.

Other Words for Act

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