Passenger Facility Charge (Pfc): An airport tax that is authorized by the us congress for upgrading and expanding local airport facilities charged per customer. Currently the tax must be between $3 and $12 on any single transaction.

 

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Passenger Facility Charge (Pfc): An airport tax that is authorized by the us congress for upgrading and expanding local airport facilities charged per customer. Currently the tax must be between $3 and $12 on any single transaction.

Passenger name record (PNR) : The official name of one's reservation in a computer reservation system (crs).

Note Issuance Facility (NIF): An agreement by which a syndicate of banks indicates a willingness to accept short-term notes from borrowers and resell these notes in the Eurocurrency markets.

Passenger Pegs: Passenger Pegs are pegs wide enough to support the foot of a passenger (pillion) while riding. They are mounted directly under the passenger. Sometimes, floorboards are used in the place of . . . View Full Definition

Passenger Type: Provides the ability to specify fares and fees based on the classification of the passenger.

Radar Approach Control Facility (RAPCON): A terminal ATC facility that uses radar and non-radar capabilities to provide approach control services to aircraft arriving, departing, or transiting airspace controlled by the facility. Th . . . View Full Definition

Port Charges: A charge levied of cruise lines by local government authorities. This charge is passed on to the cruise passenger. To present a fairer representation of cruise costs, 7 blue seas includes po . . . View Full Definition

Nonrecurring Charge: A one-time expense or credit shown in a company's financial statement.

Noncash Charge: A cost, such as depreciation, depletion, and amortization, that does not involve any cash outflow.

Late Charge: A charge imposed by a lender to a borrower when the borrower fails to make payment on the due date.