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TeachMeFinance.com - explain Income support Income support The term 'Income support ' as it applies to the area of agriculture can be defined as ' Generally, programs providing direct, income-supplementing payments to farmers. Intended to protect farm income without affecting market prices. Production flexibility contract payments provide income support, not price support. The phrase also is used to characterize the nature of support provided to low-income families by various food assistance programs'. Previous 5 Terms: In-Cloud Lightning inclusion-exclusion criteria Income insurance Income Protection (IP) Income Rate Next 5 Terms: income tax INCR Increased Cost of Compliance (ICC) increment borer Incremental effects About the author 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". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.