What does farm credit system mean?
Definitions for farm credit system
farm cred·it sys·tem
This dictionary definitions page includes all the possible meanings, example usage and translations of the word farm credit system.
Princeton's WordNet
Farm Credit System, FCSnoun
a cooperative nationwide system of banks and associations providing credit to farmers and related businesses; originally capitalized by the federal government but now owned by its members and borrowers
Wikidata
Farm Credit System
The Farm Credit System is a nationwide network of borrower-owned lending institutions and specialized service organizations. The Farm Credit System provides more than $191 billion in loans, leases, and related services to farmers, ranchers, rural homeowners, aquatic producers, timber harvesters, agribusinesses, and agricultural and rural utility cooperatives. Congress established the Farm Credit System in 1916 to provide a reliable source of credit for the nation's farmers and ranchers. Today, the Farm Credit System provides more than one-third of the credit needed by those who live and work in rural America. Farmers, ranchers, agribusiness, rural homeowners, and rural utilities depend on the Farm Credit System's funding and services to produce the high quality food and agricultural products enjoyed in the United States and around the globe. The Farm Credit System mission is to provide a reliable source of credit for American agriculture by making loans to qualified borrowers at competitive rates and providing insurance and related services.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of farm credit system in Chaldean Numerology is: 9
Pythagorean Numerology
The numerical value of farm credit system in Pythagorean Numerology is: 9
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"farm credit system." Definitions.net. STANDS4 LLC, 2024. Web. 6 May 2024. <https://www.definitions.net/definition/farm+credit+system>.
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