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  2. Diminution in value - Wikipedia

    en.wikipedia.org/wiki/Diminution_in_value

    Diminution in value is a legal term of art used when calculating damages in a legal dispute, and describes a measure of value lost due to a circumstance or set of circumstances that caused the loss. Specifically, it measures the value of something before and after the causative act or omission creating the lost value in order to calculate ...

  3. Index-based insurance - Wikipedia

    en.wikipedia.org/wiki/Index-based_insurance

    Index-based insurance, also known as index-linked insurance, weather-index insurance or, simply, index insurance, is primarily used in agriculture.Because of the high cost of assessing losses, traditional insurance based on paying indemnities for actual losses incurred is usually not viable, particularly for smallholders in developing countries.

  4. Crop Revenue Coverage - Wikipedia

    en.wikipedia.org/wiki/Crop_Revenue_Coverage

    Crop Revenue Coverage (CRC) is a form of revenue insurance that protects a producer's revenue for an insurable crop whenever low prices, low yields, or a combination of both causes revenue to fall below a guaranteed level selected by the producer.

  5. Reliance damages - Wikipedia

    en.wikipedia.org/wiki/Reliance_damages

    Reliance damages compensate the harmed party for the amount of damages they suffered for acting in reliance on the other party's contractual obligations. They are most often rewarded when the aggrieved party's damages are not capable of accurate estimation and ordering specific performance would be inappropriate. [5]

  6. Crop insurance - Wikipedia

    en.wikipedia.org/wiki/Crop_insurance

    Crop insurance is insurance purchased by agricultural producers and subsidized by a country's government to protect against either the loss of their crops due to natural disasters, such as hail, drought, and floods ("crop-yield insurance"), or the loss of revenue due to declines in the prices of agricultural commodities ("crop-revenue insurance").

  7. Catastrophic crop insurance - Wikipedia

    en.wikipedia.org/wiki/Catastrophic_crop_insurance

    Catastrophic crop insurance (CAT) is a component of the U.S. federal crop insurance program, originally authorized by the Federal Crop Insurance Reform Act of 1994 (P.L. 103- 354). [1] CAT coverage compensates farmers for crop yield losses exceeding 50% of their average historical yield at a payment rate of 55% of the projected season average ...

  8. Hemp farmer sues SLED, SC attorney general. He says they ...

    www.aol.com/hemp-farmer-sues-sled-sc-171803157.html

    A hemp farmer has filed a federal lawsuit against the South Carolina Law Enforcement Division, the South Carolina Department of Agriculture and the South Carolina Attorney General’s Office ...

  9. Economic threshold - Wikipedia

    en.wikipedia.org/wiki/Economic_threshold

    In integrated pest management, the economic threshold is the density of a pest at which a control treatment will provide an economic return. [1]An economic Injuryis the insect's population level or extent of crop damage at which the value of the crop destroyed exceeds the cost of controlling the pest. [2]