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TeachMeFinance.com - explain Loan deficiency payments Loan deficiency payments The term 'Loan deficiency payments ' as it applies to the area of agriculture can be defined as ' A commodity payment program authorized by the Food Security Act of 1985 that makes direct payments, equivalent to marketing loan gains, to wheat, feed grain, upland cotton, rice, or oilseed producers who agree not to obtain nonrecourse loans, even though they are eligible. Loan deficiency payments are available under the FAIR Act of 1996'. Previous 5 Terms: Load shedding Loaded Gun (Sounding) Load-serving entity (electric) LOAEL Loam Next 5 Terms: Loan forfeiture Loan forfeiture level, sugar Loan rate lobar loblolly 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.