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Terms vs Farmgate - What's the difference?

terms | farmgate |

As a noun terms

is .

As an adjective farmgate is

describing the price of goods if they were purchased directly from a farm, without markup added by retailers.

terms

English

Noun

(head)

    • Statistics

    * ----

    farmgate

    English

    Adjective

    (-)
  • Describing the price of goods if they were purchased directly from a farm, without markup added by retailers.
  • * 1995 , Fred E. M. Gillham, Cotton production prospects for the next decade: Volumes 23-287 (page 195)
    • It is important to note that the farmgate price can be quoted either in terms of seed cotton or lint.
  • * 1999 , William Ascher, Why governments waste natural resources (page 228)
    • From a farmgate price of nearly 150 pounds sterling in 1955-57, the Cocoa Board steadily reduced the price