Vocab Bloom Hub

fcs

/ˌef.siːˈes/

1 entry

noun

formalcommonbusinessabbreviation/ˌef.siːˈes/

uncountable · proper noun

A cooperative nationwide system of banks and associations providing credit to farmers and related businesses; originally capitalized by the federal government but now owned by its members and borrowers.

  • 🇷🇺Кооперативная общенациональная система банков и ассоциаций, предоставляющих кредиты фермерам и смежным предприятиям; первоначально капитализирована федеральным правительством, но теперь принадлежит своим членам и заемщикам.
  1. Farm Credit System C1 formal american

    A cooperative nationwide system of banks and associations providing credit to farmers and related businesses; originally capitalized by the federal government but now owned by its members and borrowers.

    • The FCS provides essential loans to agricultural producers.
    • Many farmers rely on the FCS for their seasonal financing needs.
    • The FCS was established to support rural communities and agriculture.

    🇷🇺Фермерская кредитная система