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