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Adjusted Gross Revenue Insurance

Index Adjusted Gross Revenue Insurance

Adjusted Gross Revenue Insurance (or AGR Insurance) is a term used in United States federal agricultural law referring to a revenue insurance program implemented in 1999 as a pilot program by the USDA, which continues on a limited basis. [1]

7 relations: Agricultural law, Commodity, Insurance, Livestock, Pilot experiment, Revenue, United States Department of Agriculture.

Agricultural law

Agricultural law, sometimes referred to as Ag Law, deals with such legal issues as agricultural infrastructure, seed, water, fertilizer, pesticide use, agricultural finance, agricultural labour, agricultural marketing, agricultural insurance, farming rights, land tenure and tenancy system and law on Agricultural processing and rural industry.

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Commodity

In economics, a commodity is an economic good or service that has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who produced them.

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Insurance

Insurance is a means of protection from financial loss.

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Livestock

Livestock are domesticated animals raised in an agricultural setting to produce labor and commodities such as meat, eggs, milk, fur, leather, and wool.

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Pilot experiment

A pilot study, pilot project, or pilot experiment is a small scale preliminary study conducted in order to evaluate feasibility, time, cost, adverse events, and improve upon the study design prior to performance of a full-scale research project.

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Revenue

In accounting, revenue is the income that a business has from its normal business activities, usually from the sale of goods and services to customers.

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United States Department of Agriculture

The United States Department of Agriculture (USDA), also known as the Agriculture Department, is the U.S. federal executive department responsible for developing and executing federal laws related to farming, forestry, and food.

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Redirects here:

AGR Insurance, AGR-Lite.

References

[1] https://en.wikipedia.org/wiki/Adjusted_Gross_Revenue_Insurance

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