Federal Farm Credit System - FFCS
Unlike commercial banks, the banks in this system do not take deposits, nor do they usually borrow from other banks. Instead, these banks raise funds by issuing farm credit debt securities on a worldwide basis in the domestic and global capital markets. Although the debt securities are not guaranteed by the U.S. government, the FFCS possesses a farm credit insurance fund, which would supply principal and interest payments should a system bank go bankrupt. System institutions are federally chartered under the Farm Credit Act and are subject to supervision, examination and regulation by a federal agency, the Farm Credit Administration.
Investment dictionary. Academic. 2012.
Look at other dictionaries:
Federal Farm Credit System — Consists of the Federal land banks, the Federal land bank associations, the Federal intermediate credit banks, the production credit associations, the banks for cooperatives, and such other institutions as may be made part of the system. The farm … Black's law dictionary
Federal Farm Credit System — A system chartered in 1971 through the farm credit act providing farmers with credit services through a Federal Land Bank, a Federal Intermediate Credit Bank, and a bank for cooperatives . Bloomberg Financial Dictionary See: Federal Farm Credit… … Financial and business terms
Federal Farm Credit Bank — An institution created by the government with the purpose of uniting the financing activities of the Federal Land Banks, the Federal Intermediate Credit Banks , and the banks for cooperatives . Bloomberg Financial Dictionary See: Federal Farm… … Financial and business terms
Farm Credit System — The Farm Credit System is a network of borrower owned cooperative lending institutions and related service organizations in the United States serving all 50 states and Puerto Rico. These institutions provide credit and related services to farmers … Wikipedia
Farm Credit System - FCS — The Farm Credit System is a nationwide network of cooperative banks and associations that provide credit to farmers, agricultural concerns and related businesses. It was created by Congress in 1916 and was originally funded by the federal… … Investment dictionary
Farm Credit System — noun 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 • Syn: ↑FCS • Hypernyms: ↑banking… … Useful english dictionary
Farm Credit Administration — An independent federal agency, responsible for supervising and coordinating activities of the cooperative Farm Credit System. The System is comprised of Federal land banks and Federal land bank associations, Federal intermediate credit banks and… … Black's law dictionary
Farm Credit Bank of Texas — articleissues|article=y unreferenced=March 2008 orphan=August 2008Farm Credit Bank of Texas, located in Austin, Texas, is a wholesale financing institution that is part of the nationwide Farm Credit System. The Congressionally mandated mission of … Wikipedia
Federal Land Banks — Regional banks established by Congress, and regulated by U.S. Farm Credit Administration, to provide mortgage loans to farmers. See federal Farm Credit System Federal Home Loan Banks … Black's law dictionary
Federal Agricultural Mortgage Corporation — The Federal Agricultural Mortgage Corporation, also known as Farmer Mac nyse|AGM, is a stockholder owned, publicly traded company that was chartered by the United States federal government in 1988 to serve as a secondary market in agricultural… … Wikipedia
farm management — ▪ agriculture Introduction making (industrial engineering) and implementing of the decisions (agribusiness) involved in organizing and operating a farm for maximum production and profit. Farm management draws on agricultural economics for… … Universalium