Nonrecourse Loan

Business / Finance / Nonrecourse Loan: A loan taken by limited partners used to finance their portion of the partnership, which is secured by their ownership in the venture.

Other Words for Loan

Loan Verb Synonyms: advance, allowance, credit, accommodation
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Loan Forfeiture

Business / Agriculture / Loan Forfeiture: Under commodity program rules, a producer or processor who pledges a stored commodity as collateral to the Commodity Credit Corporation to obtain a nonrecourse loan can settle the repayment obligation MORE

Loan Deficiency Payments

Business / Agriculture / Loan Deficiency Payments: A commodity payment program authorized by the Food Security Act of 1985 that makes direct payments, equivalent to marketing loan gains, to wheat, feed grain, upland cotton, rice, or oilseed producers MORE

County Loan Rate

Business / Agriculture / County Loan Rate: Nonrecourse loan rates vary from county to county to account for transportation cost differences to the nearest terminal elevator. The weighted average for all county loan rates - the actual loan leve MORE

Loan Forfeiture Level

Business / Agriculture / Loan Forfeiture Level: The lowest market price that a processor must receive before concluding that forfeiting pledged sugar to the Commodity Credit Corporation is more profitable than selling the sugar. In practice, USDA h MORE

Marketing Assistance Loans

Business / Agriculture / Marketing Assistance Loans: Nonrecourse loans made available to producers of wheat, feed grains, upland and ELS cotton, rice, soybeans, and minor oilseeds under the Agricultural Market Transition Act provisions in the FAIR Act o MORE

Recourse Loan Program

Business / Agriculture / Recourse Loan Program: Under the FAIR Act of 1996, recourse loans are available to producers of high moisture corn and seed cotton, dairy processors, and sugar processors. The commodity is pledged as security, but in contra MORE

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