Definition of deficiency payment in English:

deficiency payment

Line breaks: de|fi¦ciency pay|ment

noun

  • A payment made, typically by a government body, to cover a financial deficit incurred in the course of an activity such as farming.
    More example sentences
    • He made the decision to take the 0/92 payment (you got 92% of your deficiency payment if you harvested no crop).
    • Expressed as a percentage of the guaranteed price paid to farmers, the deficiency payment remained virtually unchanged, from 14.97 percent in 1993 to 14.28 percent in 2000.
    • This protection came in the form of a federal crop insurance program, ad hoc disaster payments, and deficiency payments.

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