federal intermediate credit bank

One of a system of 12 regional banks created in 1923 to discount obligations of agricultural credit corporations and similar institutions making short-term loans to farmers and ranchers.

• The system is now merged with federal land banks to create the federal farm-credit system. [Cases: United States 53(7). C.J.S. United States §§ 90, 92–93.]

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词条贡献者

资深译员Ting，亚洲顶尖法学院国际贸易专业，擅长翻译各类与国际贸易委员会调查程序相关的法律文件。