Related Words

Pilot Balloon: A small balloon whose ascent is used to determine the direction and speed of low level atmospheric winds. Also known as a pibal.

Pilot In Command (PIC): The pilot responsible for the operation and safety of an aircraft during flight time.

Pilot Hole: A starting hole for large drills to serve as a guide, reduce the resistance and aid in maintaining the accuracy of the larger hole. Also called a lead hole.

Pilot Light: A small, continuous flame (in a hot water heater, boiler, or furnace) that ignites gas or oil burners when needed.

Pilot Report: A report of in-flight weather by an aircraft pilot or crew member. Often referred to as a PIREP.

Student Pilot: A pilot who is training for a sport pilot or private pilot certificate, either before or after the first solo. A sport pilot student pilot must obtain a student pilot certificate through the . . . View Full Definition

Sport Pilot: Special FAA certification enabling 'budget' pilotry: see LIGHT SPORT AIRCRAFT and LSA feature.

Adjusted Gross Revenue (AGR) Pilot Program: A pilot revenue insurance program first implemented in 1999 by USDA on a limited basis. It allows farmers to receive a guarantee of a percentage of their revenue for multiple commodities, in . . . View Full Definition

Pilot: A person licensed to conduct a ship into and out of a port. Pilots (or 'harbor pilots), familiar with the harbor's traffic, tides, currents, and channels, generally are employed to conduct s . . . View Full Definition

Balloon Interest: In the context of serial bond issues, the elevated coupon rate on bonds with late maturities.