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Simple English definitions for legal terms

federal intermediate credit bank

Read a random definition: anticipatory nuisance

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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triplethread
13:28
i missed another fordham wave
triplethread
13:28
mamas getting denied
JumpySubsequentDolphin
13:29
the bergdorf on 5th Ave in NYC is so
JumpySubsequentDolphin
13:29
it feels like home
Dkk
13:29
I'm at your mommas house rn: https://x.com/Mansavelli_/status/1648073454665572352
triplethread
13:29
im addicted to reacting to all of the decisions
triplethread
13:29
with the emojis
HopefullyInLawSchool
13:29
I shop at Joe
HopefullyInLawSchool
13:29
Joe's
glovediedthisishismom
13:30
i shop at tawget
glovediedthisishismom
13:30
im dawk gawthic maga
triplethread
13:30
i shop at giant eagle
ForDizzyDJoy
13:31
How did i miss Fordham and American’s wave and I applied in september 🙃
13:33
Lol UC Davis took me of ED and put me in RD
13:34
surprised I didnt get straight denied
HopefullyInLawSchool
13:34
they emailed you/
HopefullyInLawSchool
13:34
?
13:35
@HopefullyInLawSchool: Yea, I just got it
i just want a cornell ii :(
13:37
yak you will be fucking shit up at cornell this time next year dw
i love u
13:38
love you too bby
glovediedthisishismom
13:42
what if desantis appoints lara trump and matt gaetz to be floridas senators
Dkk
13:42
Sounds good to me
HopefullyInLawSchool
13:43
@glovediedthisishismom: What if he appoint Ym instead?
HELP
every damn opportunity
13:47
do schools straight reject people from ed or to they always ed-rd if its a no for ED?
HopefullyInLawSchool
13:48
Some schools rject
13:49
Thanks! I couldn't find any reddit thread about it lol
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