Definition of Risk Management Agency

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TeachMeFinance.com - explain Risk Management Agency



Risk Management Agency

The term 'Risk Management Agency ' as it applies to the area of agriculture can be defined as ' An independent office within USDA that is responsible for the supervision of the Federal Crop Insurance Corporation; the administration and oversight of the federal crop insurance program and any pilot or other programs involving revenue insurance; the use of the futures contracts to manage farm risk and support income'.

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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".


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