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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COMPANY is an organized group of people to perform an activity, business or industrial enterprise.

BOOT is money received during an exchange to equalize values, e.g. if a person sells his business for an assumption of liabilities and for some cash the cash is boot.

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