first-time farmer
Defined in 1 dictionary — U.S. Code
United States Code
26 U.S.C. § 147 — in this section (2 versions over time)
The term “first-time farmer” means any individual if such individual—
(I) has not at any time had any direct or indirect ownership interest in substantial farmland in the operation of which such individual materially participated, and
(II) has not received financing under this paragraph in an amount which, when added to the financing to be provided under this paragraph, exceeds the amount in effect under subparagraph (A).