an independent agency of the U.S. federal government, created in 1978 and originally within the Department of Energy, charged with setting rates for transportation and sale of electricity, transportation of oil by pipeline, and the licensing of hydroelectric power projects.
Abbreviation: FERC.


Read Also:

  • Federalese

    [fed-er-uh-leez, -lees] /ˌfɛd ər əˈliz, -ˈlis/ noun, (often initial capital letter) 1. awkward, evasive, or pretentious prose said to characterize the publications and correspondence of U.S. bureaus.

  • Federal geographic data committee

    (FGDC) (ftp://fgdc.er.usgs.gov/gdc/html/fgdc.html). [Summary?] (1995-03-06)

  • Federal-housing-administration

    noun 1. a governmental agency created in 1934 to help homeowners finance the purchase and repair of their homes and to stimulate housing construction. Abbreviation: FHA.

  • Federal information exchange

    networking (FIX) One of the connection points between the American governmental internets and the Internet. (2001-05-14)

Disclaimer: Federal-energy-regulatory-commission definition / meaning should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. All content on this website is for informational purposes only.