Definition of Rural Development Trust Fund

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TeachMeFinance.com - explain Rural Development Trust Fund



Rural Development Trust Fund

The term 'Rural Development Trust Fund ' as it applies to the area of agriculture can be defined as ' Authorized under the FAIR Act of 1996 the trust fund is used to distribute Rural Community Assistance Program funds. Funds are allocated among states based on such factors as rural population, income, and unemployment'.

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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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