agterskot, noun

Origin:
AfrikaansShow more Afrikaans, agter after + skot, on the analogy of voorskot (see voorskot).
The final payment made to a farmer for a crop or wool clip, being the total amount due for the season less the advance payments (the voorskot and middelskot). Also attributive, and figurative.
1944 Cape Argus 18 May 7More than 1,000 persons went to Rustenburg..from many parts of the Transvaal to receive back pay (agterskot) for tobacco sold to the Magaliesberg Co-operative Tobacco Planters Association.
1950 Cape Argus 8 Sept. 8The country is reaping an ‘agterskot’ in reverse from devaluation.
1958 Cape Times 12 Dec. 8An agterskot amounting to £31,000 is being paid to lucern seed farmers in Oudtshoorn district.
1970 S.S. Brand in Std Encycl. of Sn Afr. I. 223The product may..be sold only to the control board, but the price producers are paid, usually in the form of an advance (voorskot), and a final payment (agterskot) depends on the average price realised by the control board for all sales from the pool into which individual producers deliver their produce.
1973 E. Prov. Herald 13 Dec. 23South African gold mines are receiving prices on average for their gold approaching the high levels of July and September because of the agterskot — that is the payment of gold sold from reserves at the free market price.
c1976 H. Flather Thaba Rau 179She added a token of water to the drinks. ‘Just an agterskot as we say in South Africa’.
1978 Farmer’s Weekly 2 Aug. 85The interest on agterskot moneys amounts to R1,2 million.
1984 Farmer’s Weekly 2 Mar. 77A supplementary payment (agterskot) will be paid out on most wool types at the end of the season.
1991 E. Prov. Herald 5 Jan. 4Mohair farmers got the bad news first this year. There will be no agterskot.
The final payment made to a farmer for a crop or wool clip, being the total amount due for the season less the advance payments (the voorskot and middelskot). Also attributive, and figurative.
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19441991