CCC meaning in Business ?

Answer:

What is Commodity Credit Corporation mean?

The Commodity Credit Corporation (CCC) is a wholly owned United States government corporation that was created in 1933 to "stabilize, support, and protect farm income and prices" (federally chartered by the CCC Charter Act of 1948 (P.L. 80-806)). The CCC is authorized to buy, sell, lend, make payments, and engage in other activities for the purpose of increasing production, stabilizing prices, assuring adequate supplies, and facilitating the efficient marketing of agricultural commodities.

The CCC, which has no staff, is essentially a financing institution for the USDA's farm price and income support commodity programs, commodity export credit guarantees, and agricultural export subsidies. The programs funded through CCC are administered by employees of the Farm Service Agency, the Agricultural Marketing Service, and the Foreign Agricultural Service.

The CCC has the authority to borrow up to $30 billion from the US Treasury to carry out its obligations. Net losses from its operations subsequently are restored by the Congressional appropriations process. It issues payments in the form of commodity certificates.

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Campus Computing Clowns	Academic & Science
Campus Computing Center	Academic & Science
Counselling Code of Conduct	Academic & Science
Canadian Computing Competition	Academic & Science
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Cross Connect Cabinet	Academic & Science
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Certification China Compulsory	Business
Carleton Condominium Corporation	Business
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China CCC Certification	Business
Compressor Controls Corporation	Business
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Center for Cybercrime and Cybersecurity	Computing
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