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TeachMeFinance.com - explain Federal Agricultural Mortgage Corporation Federal Agricultural Mortgage Corporation The term 'Federal Agricultural Mortgage Corporation ' as it applies to the area of agriculture can be defined as ' An organization more commonly referred to as Farmer Mac, which is a secondary (resale) market for agricultural mortgages. Farmer Mac was authorized by the Agricultural Credit Act of 1987'. Previous 5 Terms: Feasibility study Feather Fecal coliform bacteria fecalith Fed cattle Next 5 Terms: Federal Agriculture Improvement and Reform Act of 1996 (FAIR) Federal coal lease Federal Crop Insurance Corporation (FCIC) Federal Crop Insurance Reform Act of 1994 Federal electric utility 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.