Communication with lenders is one of the main problems faced by farmers and ranchers, especially as agriculture moves away from its past as a self-contained, labor and land-intensive industry and becomes a business-oriented, capital-intensive industry. As agriculture moves in this direction, farmers and ranchers must become fluent in the language used by bankers and other businessmen. As with any other profession, businessmen use jargon, words relevant to their business with exact definitions. These words minimize the amount of verbiage needed to explain what is meant and minimize misunderstanding.
Organization |
New Mexico State University Cooperative Extension |
Publisher |
New Mexico State University |
Publication Views |
728 |
Material Type |
Written Material |