Simple English definitions for legal terms
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Rural Business-Cooperative Service: A part of the U.S. Department of Agriculture that helps people in rural areas start and grow businesses. They give money to public groups and individuals to help them develop their businesses. We can call it RBS for short.
Rural Business-Cooperative Service
The Rural Business-Cooperative Service (RBS) is a government agency within the U.S. Department of Agriculture that provides loans and grants to public agencies and private parties to help develop businesses in rural areas.
The examples illustrate how the RBS provides financial assistance to individuals and organizations in rural areas to help them start or expand their businesses. The loans and grants provided by the RBS can help cover the costs of equipment, marketing, and other expenses that may be too expensive for rural businesses to afford on their own. By providing this support, the RBS helps to promote economic growth and development in rural communities.