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LSDefine

Simple English definitions for legal terms

federal intermediate credit bank

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A quick definition of federal intermediate credit bank:

A bank is a place where you can keep your money, borrow money, and do other financial transactions. It is like a big safe where people can store their money and get it when they need it. Banks are regulated by the government to make sure they are safe and fair for everyone. Some banks are for farmers, some are for businesses, and some are for regular people. When you put your money in a bank, it is called a deposit. You can also take out a loan from a bank, which means they give you money that you have to pay back with interest.

A more thorough explanation:

Definition: A type of bank that was part of a system of 12 regional banks created in 1923 to provide short-term loans to farmers and ranchers. The system is now merged with federal land banks to create the federal farm-credit system.

Example: A farmer in a rural area needs a loan to buy new equipment for their farm. They can apply for a loan from a federal intermediate credit bank, which specializes in providing credit to farmers and ranchers.

Explanation: The example illustrates how a federal intermediate credit bank provides credit to farmers and ranchers who may not have access to traditional banks or credit unions. These banks were created to support the agricultural industry and provide short-term loans to help farmers and ranchers manage their finances.

Federal Insurance Contributions Act | Federalist Papers

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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