Definition of Actual Production History (APH)

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TeachMeFinance.com - explain Actual Production History (APH)



Actual Production History (APH)

The term 'Actual Production History (APH) ' as it applies to the area of agriculture can be defined as ' A measure of an individual farmerís annual production of a commodity over a multi-year period. The APH serves as the basis for the farmerís 'normal' crop yield in the crop insurance program. When the actual crop yield deviates by more than a certain percentage from the APH, an insured producer is be eligible for an indemnity (loss) payment'.

Previous 5 Terms:
ACTPN
ACTS
Actual Cash Value (ACV)
Actual Charge
Actual peak reduction
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Actuarial Balance
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Actuarially sound




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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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