An AI model extracted this from the bill’s official record and can make mistakes. Check the official text ↗ (opens in new tab)

An AI model extracted this from the bill’s official record and can make mistakes. Check the official text ↗ (opens in new tab)

Indemnification

Compensation or reimbursement paid by one party to another to cover losses, in this case, by the government to poultry producers for losses due to bird flu.

Highly pathogenic avian influenza

A severe form of bird flu, a viral disease that can spread quickly among poultry and cause high mortality rates.

Covered entity

A large poultry business, as defined by this bill, having over $100 million in annual revenue and more than 1,500 employees (including related businesses and contractors).

Equity security

A type of financial asset representing ownership in a company, most commonly company shares or stock.

Private equity fund

An investment fund that typically invests in private companies or takes public companies private, aiming to improve their value over time.

Public company

A company whose shares are traded on a stock exchange and can be bought and sold by the general public.

Dividends

A sum of money paid regularly (typically quarterly) by a company to its shareholders out of its profits.