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TeachMeFinance.com - explain Fast track authority Fast track authority The term 'Fast track authority ' as it applies to the area of agriculture can be defined as ' A legislative procedure that may be adopted by Congress for considering bills to implement trade agreements. The procedure calls for consultation between the President and Congress as trade agreements are negotiated. Once an implementing bill is introduced, it may not be amended, time for debate is limited, and the bill is subject to an up or down vote. Many agricultural interests support fast track legislation on the grounds that it will facilitate negotiations for enhancing trade and hence possible export markets for farm products'. Previous 5 Terms: FASEB FASFAS Fast breeder reactor (FBR) Fast fission Fast neutron Next 5 Terms: FASTST Fat free lean index Fatal flaw Fatality rate Fathom About the author 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". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.