Definition of deficiency payment in English:

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deficiency payment

noun

A payment made, typically by a government body, to cover a financial deficit incurred in the course of an activity such as farming.
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.

For editors and proofreaders

Line breaks: de|fi¦ciency pay|ment

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