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TeachMeFinance.com - explain Payment quantity Payment quantity The term 'Payment quantity ' as it applies to the area of agriculture can be defined as ' The quantity of production eligible for production flexibility contract payments under the FAIR Act of 1996. Payment quantity is calculated as the farm’s program yield (per acre) multiplied by 85% of the farm’s contract acreage (but subject to payment limitations)'. Previous 5 Terms: Payline payload Payment Payment limitation Payment method for utilities Next 5 Terms: Payment Rate Payment Safeguards Payment-in-kind (PIK) Payments in lieu of taxes (PILT) Payroll Taxes 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.