Glossary of Terms - A

The glossary of terms is arranged alphabetically. Click on the letters below to find terms beginning with that letter.

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Affiliated Marketer: A marketer that is owned or substantially controlled by an interstate pipeline, or a corporate affiliate of a pipeline. FERC holds that ownership of 10% or more of common stock is evidence of control. Large distribution companies have also formed marketing affiliates.

Arbitrage: The simultaneous purchase of one commodity against the sale of another in order to profit from fluctuations in the usual price relationships.