Lowest Fare: The lowest published airfare between two cities; may not have seats available at that fare, as the airlines usually have a limited number of those seats on any given flight.

 

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Lowest Fare: The lowest published airfare between two cities; may not have seats available at that fare, as the airlines usually have a limited number of those seats on any given flight.

Lowest Fare Guarantee: Travel agency’s promise to provide clients the lowest fare available when reservation is confirmed.

Net Fare: Price of the fare after the applied commission.

Private Fares: A negotiated contract rate between the airline carrier and gateway tourist. These fares are normally discounted from the published fares.

MIFARE: A leading communication protocol for contactless and dual interface smart cards. MIFARE technology is used to transmit data between a card and a reader device. MIFARE technology is most wide . . . View Full Definition

Lowest-Observed-Adverse-Effect Level (LOAEL): The lowest tested dose of a substance that has been reported to cause harmful (adverse) health effects in people or animals.

Lowest Logical Airfare: Lowest airfare found within the parameters of a corporation’s travel policy.

Published Fare: A fare immediately offered for purchase by the airline. This does not include heavily discounted flights usually offered to consolidaters.

Meeting Fare: Negotiated airline discounts, typically for 10 or more persons traveling to the same event.

Refundable Fare: Fares that are refundable if returned, the refund is applied to the original credit card or by a travel voucher.