CAP


Meaning of CAP in English

CAP, the /ˌsiː eɪ ˈpiː/ BrE AmE abbreviation for

the Common Agricultural Policy; a system of laws arranged by the ↑ European Union to control the production of food and other farm crops. It set limits on how much farmers can grow, and provided them with financial support. The CAP has often been criticized as a wasteful use of European Union money, and some people think it has given a lot of money to rich farmers who do not need it.

Longman Dictionary of Contemporary English.      Longman - Словарь современного английского языка.