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Farm Credit System ThesaurusNoun | 1. | Farm Credit System - 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 borrowersFCSbanking industry, banking system - banks collectively |
Farm Credit System
Farm Credit System: see Farm Credit AdministrationFarm Credit Administration (FCA), an independent agency of the executive branch of the federal government that supervises and regulates the Farm Credit System (FCS) for American agriculture. ..... Click the link for more information. .LegalSeeFarm Credit AdministrationFarm Credit System
Farm Credit SystemThe oldest government-sponsored enterprise (GSE) (www.farmcreditffcb.com) in the country, created in 1916. It is a nationwide network of borrower-owned lending institutions and affiliated service entities that makes loans to agricultural and rural borrowers.The members do not take deposits.The funds for loans are obtained through the issuance of Farm Credit debt securities on a worldwide basis in the domestic and global capital markets. AcronymsSeeFCSFarm Credit System
Synonyms for Farm Credit Systemnoun a cooperative nationwide system of banks and associations providing credit to farmers and related businessesSynonymsRelated Words- banking industry
- banking system
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