Business / Agriculture / Prior Converted Wetland: Under the swampbuster program, these are wetlands that were converted to cropland before swampbuster was enacted on December 23, 1985, and meet wetland criteria for saturated soils or water-loving plants. Under swampbuster, there are no restrictions on either drainage maintenance or additional drainage on prior converted wetlands, which are estimated to total more than 50 million acres.
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Prior Noun Synonyms: former, previous, earlier, one-time, ex, erstwhile, old, last, late, latest, quondam, whilom
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Business / Finance / Prior-Preferred Stock: Preferred stock that has a higher claim on all dividends and assets in liquidation than claims of other preferred stock. MORE
Business / Finance / Priority: Used for listed equity securities. System used in an auction market, in which the first bid or offer price is executed before other bid and offer prices, even if subsequent orders are larger. NYSE rul MORE
Business / Accounting / Prior-Period Adjustments: Adjustments made directly to Retained Earnings in order to correct errors in the financial statements of prior periods. MORE