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TeachMeFinance.com - explain Reduced price lunch (or breakfast, supper, snack) Reduced price lunch (or breakfast, supper, snack) The term 'Reduced price lunch (or breakfast, supper, snack) ' as it applies to the area of agriculture can be defined as ' A federally reimbursable meal (or snack) served to a child who applies for and qualifies because the family’s income is between 130% and 185% of the federal income poverty level. Schools may not charge more than 40 cents for reduced price lunches, or more than 30 cents for reduced price breakfasts'. Previous 5 Terms: Red Watch or Red Box Redd Redox potential Redrill footage redshift Next 5 Terms: Reduced use-off hours REE reebok reedbuck reef 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.