Payment to a producer of an amount equal to the difference between a guaranteed price and the market price, with the latter often determined on the world market. Thus a form of subsidy to production.
Related information about deficiency payment:
- Deficiency payments - Wikipedia, the free encyclopedia
The crop-specific deficiency payment rate was based on the difference between the legislatively set target price and the lower national average market price ...
- What is deficiency payment? definition and meaning
Definition of deficiency payment: Government compensation to the farmers or producers of a commodity for all or part of a difference between the ...
- Definition of deficiency payment - Oxford Dictionaries
deficiency payment definition and meaning by Oxford University Press.
- Deficiency payment | Define Deficiency payment at Dictionary.com
Main Entry: deficiency payment1. Part of Speech: n. Definition: a payment made to cover a deficit, as in government spending ...
- Definition of Deficiency payment - TeachMeFinance.com
Deficiency payment -- A government payment to compensate farmers for all or part of the difference between producer prices actually paid for a specific ...
- Target Price/Deficiency Payment Program
In the case of a deficiency payment program the government pays the difference between the target price and the market price. Assume the U.S. government ...
- WTO | Glossary - deficiency payment
GLOSSARY TERM. deficiency payment. A type of agricultural domestic support, paid by governments to producers of certain commodities and based on the ...
- Definition of deficiency payment | Collins English Dictionary
noun. (economics) a payment made to a commodity producer that represents the difference between the market price and the guaranteed price ...