Deficiency Payment

Business, Legal & Accounting Glossary

Definition: Deficiency Payment


Deficiency Payment


Full Definition of Deficiency Payment


Payment to a producer of an amount equal to the difference between a guaranteed price and the market price, with the latter often determined on the world market. Thus a form of subsidy to production.


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/deficiency-payment/
Modern Language Association (MLA):
Deficiency Payment. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
March 28, 2024 https://payrollheaven.com/define/deficiency-payment/.
Chicago Manual of Style (CMS):
Deficiency Payment. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/deficiency-payment/ (accessed: March 28, 2024).
American Psychological Association (APA):
Deficiency Payment. PayrollHeaven.com. Retrieved March 28, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/deficiency-payment/

Definition Sources


Definitions for Deficiency Payment are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.