1.4 Definitions of Terms Used
Agricultural activity: Project management for the biological transformation of biological assets intended for sale to
agricultural production or other biological assets.
Biological transformation: Growth and loss of production, and reproduction operations, which cause quantity or
quality changes in biological assets.
Agricultural production: Production gained from biological assets of the facility.
Biological asset: it is an animal or an a live plant.
Harvest: The separation of the crop from the biological origin or the cease of the dynamic process of biological
origin.
Fair value: The value / exact amount of a commodity or asset in an active market by the seller and buyer mutually
informed and willing to sell and purchase.