factoring, n. The buying of accounts receivable at a discount. • The price is discounted because the factor (who buys them) assumes the risk of delay in collection and loss on the accounts receivable. [Cases: Factors 1, 5, 10. C.J.S. Agriculture §§ 163, 165, 178.]
conciliation commissioner 〈美〉调解委员 破产法院官员，根据《破产法》〔Bankruptcy Act〕第75条有关农业债务和解〔agricultural composition〕和延期的规定(该规定现已废止)，行使公断人〔referee〕职责，但限于该条规定的程序。
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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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suspension. 1. The act of temporarily delaying, interrupting, or terminating something (suspension of business operations) (suspension of a statute). 2. The state of such delay, interruption, or termination (corporate transfers were not allowed because of the suspension of business). 3. The temporary deprivation of a person’s powers or privileges, esp. of office or profession; esp.,
migrant worker. 1. Int’l law. A person who works seasonally as an agricultural laborer in a foreign country, esp. in agricultural labor. [Cases: Labor Relations 1662.] 2. A person who works seasonally as a laborer in a different part of his or her own country.
Economic Research Service. An agency in the U.S. Department of Agriculture responsible for compiling and analyzing information about domestic and international agricultural developments. — Abbr. ERS.
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land bank. 1. A bank created under the Federal Farm Loan Act to make loans at low interest rates secured by farmland. [Cases: United States 53(7).C.J.S. United States §§ 90, 92–93.] 2. A program in which land is retired from agricultural production for conservation or tree-cultivation purposes. — Also termed soil bank. See FEDERAL HOME
A price set by the federal government for particular agricultural commodities. • If the market price falls below the target price, farmers receive a subsidy from the government for the difference. [Cases: Agriculture 3.5.]
open space. Undeveloped (or mostly undeveloped) urban or suburban land that is set aside and permanently restricted to agricultural, recreational, or conservational uses. • The land may be publicly or privately owned. Access may be restricted or unrestricted. Open spaces are not necessarily in a natural state: the term includes land used for public parks,