Definition of Allotment

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TeachMeFinance.com - explain Allotment



Allotment

The term 'Allotment ' as it applies to the area of agriculture can be defined as ' In conjunction with commodity support programs, acreage allotments and marketing quotas serve to limit a farm’s output or volume marketed. For federal lands grazing, an allotment is an area designated and managed for grazing of livestock. The Bureau of Land Management and the Forest Service stipulate the number of livestock and time period (season) of use for each allotment under their respective jurisdictions'.

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alliaceous
Allochthonous
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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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