MONETARY COMPENSATORY AMOUNTS (MCA) Definition

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MONETARY COMPENSATORY AMOUNTS (MCA), in the European Community, is a complex system of subsidies and levies with the intent of smoothing currency-related distortions in EC cross border farm trade.

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DISCOUNT HOUSE is a company that specializes in discounting bills of exchange, Treasury bills and short-dated government bonds.

PERCENTAGE DESIGN, in construction, is the percentage expended for design and construction management services in proportion to total construction.

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