Brackishwater Fishpond - a farm intended for the cultivation of specific fishery products.
Broker - a person considered as agent of fishpond operator. He merely acts as intermediary between the fishpond operator and fish buyers in return for a commission.
Cash-and-Carry - is an exchange transaction where the producer/seller gets payments in cash.
Cash-on-Delivery - is a term of sale characterized by outright payment upon delivery of the product.
Consignment - is a term of sale where the producer/seller gets paid only upon disposal of the produce by the buyer/trader.
Credit - is a deal granted to a few selected clients who are privileged to make purchases, with the payments being obligated.
F.L.A. - an acronym for Fishpond Lease Agreement, a lease contract entered into by the owner and the lessee (government sector specifically) covering a certain period of time usually 25 years.
Fishpond Operator - a person engaged in fishpond management.
Feasibility Study - an examination of the practicability of chances of success of a given project proposal or undertaking.
Input Costs - include all the costs incurred in the purchase of raw materials (like fry/fingerling, pesticide and fertilizers) essential to production.
Leased Farm - refers to a fishpond acquired by entering into a lease agreement/ contract with either the government or private entity.
Lessee - a fishpond operator who has acquired ownership to the farm he operates by entering into a lease agreement/contract with the owner of the farm for a certain period of time.
Marketing Outlet - refers to the buyers of fishpond products who may be brokers, wholesalers, retailers or wholesaler-retailers.
Net Income - is computed by deducting the costs (production and marketing) from the total value of gross income.
Retailer - a fish trader who sells his fish purchases to the ultimate consumers.
Wholesaler - a fish trader who buys in fairly large quantities of fish and sells to other fish traders.
Wholesaler-retailer - a fish trader who buys fish in fairly large quantities and sells this to both fish traders and ultimate consumers.
