ExpertGlossary acronyms starting with F

55 terms

FACT Act,FACTA — Fair and Accurate Credit Transactions Act of 2003 (FACT Act,FACTA) The purpose of this Act is to help consumers protect their credit identities and recover from identity theft.
FAM — familiarization (FAM) tour A free or reduced-rate trip offered to travel professionals to acquaint them with what a destination, attraction, or supplier has to offer.
Fannie Mae — Federal National Mortgage Association (Fannie Mae) A federally chartered corporation that purchases residential mortgages and converts them into securities for sale to investors; by purchasing mortgages…
FAQ — Frequently Asked Questions (FAQ) On the Superfund Web site, you may search for frequently asked questions by topic or by typing in a keyword or phrase.
FAR — Floor Area Ratio (FAR) A measure of development intensity. FAR is the ratio of the amount of floor area of a building to the amount of area of its site.
FBC — Fluidized Bed Combustion (FBC) A type of furnace or reactor in which fuel particles are combusted while suspended in a stream of hot gas.
FCL — Full Container Load (FCL) A container that is loaded and unloaded entirely under the risk and account of a single shipper or consignee.
FCRA — Fair Credit Reporting Act (FCRA) A Federal law, established in 1971 and revised in 1997, that gives consumers the right to see their credit records and correct any mistakes.
FDA — Food and Drug Administration (FDA) Federal agency within HHS responsible for ensuring the safety and effectiveness of drugs, biologics, vaccines, and medical devices used (among others) in…
FDCPA — Fair Debt Collection Practices Act (FDCPA) The Fair Debt Collection Practices Act is a set of United States statutes added as Title VIII of the Consumer Credit Protection Act.
FDDI — Fiber Distributed Data Interface (FDDI) A media access (transmission) control-level protocol with token-ring architecture, a communication bandwidth of 100 Mbps and supported on a fiber network…
FDIC — Federal Deposit Insurance Corporation (FDIC) A government corporation that insures the deposits of all national and State banks that are members of the Federal Reserve System.
FDPA — Flood Disaster Protection Act (FDPA) of 1973 Made the purchase of flood insurance mandatory for the protection of property located in Special Flood Hazard Areas.
FEC — Federal Election Commission (FEC) Independent regulatory agency charged with administering and enforcing federal campaign finance law.
FEMA — Federal Emergency Management Agency (FEMA) Federal agency responsible for the emergency evaluation and response to all disasters, natural and man-made.
FERC — Federal Energy Regulatory Commission (FERC) This is an independent regulatory agency within the U.S. DOE that has jurisdiction over interstate electricity sales, wholesale electric rates, natural…
FEU — Forty-Foot Equivalent Units (FEU) Refers to the standard container size of 40 feet. Two 20–foot containers or TEU’s equal one FEU.
FFA — Flash Flood Watch (FFA) A statement by the NWS that alerts communities to the possibility of flash flooding in specified areas.
FFG — Flash Flood Guidance (FFG) An internal product produced by the RFCs containing rainfall threshold values which must be exceeded in order to produce a flash flood.
FFIEC — Federal Financial Institutions Examination Council (FFIEC) also known as the Council. The Council is a formal interagency body empowered to prescribe uniform principles, standards, and report forms for the federal…
FFRRO — Federal Facilities Restoration and Reuse Office (FFRRO) EPA's Federal Facilities Restoration and Reuse Office's (FFRRO) overall mission is to facilitate faster, more effective, and less costly cleanup and reuse…
FFS — Flash Flood Statement (FFS) A statement by the NWS which provides follow-up information on flash flood watches and warnings.
FFW — Flash Flood Warning (FFW) A warning by the NWS issued to warn of flash flooding that is imminent or occurring.
FGCC — Federal Geodetic Control Committee (FGCC) a standards committee concerned with accuracy levels in geodetic control. Within the United States, coordinate control is based on the National Geodetic…
FGDC — United States Federal Geographic Data Committee (FGDC) Composed of representatives of several federal agencies and GIS vendors, the FGDC has the lead role in defining spatial metadata standards, which it…
FHA — Federal Housing Administration (FHA) The Federal Housing Administration (FHA) was established by the federal government in 1937 to make home ownership possible for more people and to…
FHA — Federal Housing Authority (FHA) Also known as HUD (Department of Housing and Urban Development). The Federal Housing Authority is a federal entity that governs the FHA mortgage program…
FHBM — Flood Hazard Boundary Map (FHBM) Official map of a community issued by the Federal Insurance Administrator, where the boundaries of the flood, mudflow, and related erosion areas having…
FHLBanks — Federal Home Loan Banks (FHLBanks) The Federal Home Loan Banks are 12 regional cooperative banks that U.S. lending institutions use to finance housing and economic development in their…
FICA — Federal Insurance Contributions Act (FICA) Tax Provides benefits for retired workers and their dependents as well as for disabled workers and their dependents. Also known as the Social Security tax.
FIFRA — Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA) Passed in 1972, the Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA) regulates the manufacture and use of pesticides and allows EPA to restrict…
FIM — federated identity management (FIM) Allows individuals to sign in to different networks or services, using the same group or personal credentials to access data across all networks.
FIPS — Federal Information Processing Standards (FIPS) FIPS deals with a wide range of computer system components including the components of most GISs: hardware, storage media, data files, codes, interfaces…
FIRM — Flood Insurance Rate Map (FIRM) Official map of a community on which the Mitigation Division Administrator has delineated both the special hazard areas and the risk premium zones…
FIRREA — Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA) Enacted by Congress in 1989 in response to the savings and loan crisis of the 1980s, FIRREA abolished FSLIC, transferred its assets, liabilities, and…
FLPMA — Federal Land Policy and Management Act of 1976 (FLPMA) Act requiring the Secretary of the Interior to issue regulations to manage public lands and the property located on those lands for the long term.
FLS — Flood Statement (FLS) A statement issued by the NWS to inform the public of flooding along major streams in which there is not a serious threat to life or property.
FLSA — Exempt employee (FLSA) Exempt employee (FLSA) in the context of H-1B workers generally refers to the professional workers who are exempted from the overtime requirements of the…
FLW — Flood Warning (FLW) A release by the NWS to inform the public of flooding along larger streams in which there is a serious threat to life or property.
FMLA — Family and Medical Leave Act (FMLA) Family and Medical Leave Act (29 U.S.C. 2601 et seq.) is a federal law that ensures that eligible workers are able to take unpaid extended leaves of…
FOBT — Fecal occult blood test (FOBT) A test to check for hidden blood in stool. Fecal refers to stool. Occult means hidden. (See also Stool Test.)
FOIA — Freedom of Information Act (FOIA) A Federal law that mandates that all the records created and kept by Federal agencies in the executive branch of government must be open for public…
FONSI — Finding of No Significant Impact (FONSI) A document describing the reasons why the impacts of a proposed federal action are not significant.
FPL — Federal Poverty Level (FPL) A measure of income level issued annually by the Department of Health and Human Services.
FPR — Financial Performance Report (FPR) A report providing a financial summary for a credit union, including assets, liabilities & capital, and income & expense.
FQHC — Federally Qualified Health Center (FQHC) Federally funded nonprofit health centers or clinics that serve medically underserved areas and populations.
Freddie Mac — Federal Home Loan Mortgage Corporation (Freddie Mac) A federally chartered corporation that purchases residential mortgages, securitizes them, and sells them to investors; this provides lenders with funds…
FRM — Fixed-Rate Mortgage (FRM) a mortgage loan with a fixed interest rate that remains the same for the life of the loan.
FSA — Flexible Spending Account (FSA) An arrangement you set up through your employer to pay for many of your out-of-pocket medical expenses with tax-free dollars.
FSBO — For Sale By Owner (FSBO) Indicative of a real estate transaction in which the seller is not represented by a real estate broker.
FSLIC — Federal Savings and Loan Insurance Corporation (FSLIC) Created by the National Housing Act of 1934, the FSLIC, which was administered by the FHLBank Board, insured savings and loan deposits until 1989.
FTE — Full-time equivalent (FTE) Equivalent to a full-time worker/employee. For example, two people, each working half time, constitute one FTE.
FTE — Full-Time Equivalent Officers (FTE) The COPS standard of 1 FTE is 228 eight hour shifts or 1,824 hours per year.
FTP — File Transfer Protocol (FTP) A method of data transfer that can take place between Frame Relay Networks, and Workstations.
FY — Fiscal Year (FY) The U.S. Government's 12-month financial year, from October to September, of the following calender year; e.g.: FY 1998 extends from Oct. 1, 1997 to Sept.