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(Created page with "In general, a payment made in the form of CCC-owned commodities (or title to them) in lieu of cash. This form of payment was widely used during the 1980s for paid diversion, ...")
 
 
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In general, a payment made in the form of CCC-owned commodities (or title to them) in lieu of cash. This form of payment was widely used during the 1980s for [[paid diversion]], [[deficiency payments]], and [[export subsidy]] payments as a means of disposing of or avoiding the acquisition of commodity inventories. PIK [[certificates]] entitled the holder to a specific quantity of commodities.  
 
In general, a payment made in the form of CCC-owned commodities (or title to them) in lieu of cash. This form of payment was widely used during the 1980s for [[paid diversion]], [[deficiency payments]], and [[export subsidy]] payments as a means of disposing of or avoiding the acquisition of commodity inventories. PIK [[certificates]] entitled the holder to a specific quantity of commodities.  
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[[Category: Agriculture]]
 
[[Category: Agriculture]]
 
[[Category: Political Science]]
 
[[Category: Political Science]]

Latest revision as of 13:30, 21 October 2019

In general, a payment made in the form of CCC-owned commodities (or title to them) in lieu of cash. This form of payment was widely used during the 1980s for paid diversion, deficiency payments, and export subsidy payments as a means of disposing of or avoiding the acquisition of commodity inventories. PIK certificates entitled the holder to a specific quantity of commodities.

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