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Federal Land Bank

American  

noun

  1. a U.S. federal bank for making long-term loans to farmers.


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Woodrow Wilson established not only the Federal Reserve, which acts as a lender of last resort to the financial system, but also the Federal Land Bank system, which provided direct long-term credit to farmers.

From Slate • Sep. 22, 2021

He could issue $2,000,000,000 worth of Federal Land Bank bonds to refinance farm mortgages at 4�%.

From Time Magazine Archive

Last week's offering brought the total of Federal Land Bank financing for the past twelve months to $681,000,000�largest non-Treasury fiscal operation of the past year.

From Time Magazine Archive

Until last year Federal Land Bank issues were distributed by a syndicate headed by Baltimore's Alex.

From Time Magazine Archive

By the end of 1932 the Federal Land Bank had repossessed more farms than they knew what to do with.

From The Life of Me; an autobiography by Johnson, Clarence Edgar

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