encyclopedia

FUEL CELL

An energy conversion device that produces electricity in hybrid electric and hydrogen-powered vehicles.

FULL FUNDING GRANT AGREEMENT

A grant agreement with the Federal Transit Administration (FTA) currently for Metro Rail segments.

FULL-TIME EQUIVALENT POSITION

A part-time position is converted to the decimal equivalent of a full-time position based on 2,080 hours per years. for example, a part-time typist working for 20 hours per week would be the equivalent of a .5 of a full-time…

FUNCTION

An activity or a group of related activities for which the reporting unit is responsible.

FUNCTIONING RATE

Percentage of the fleet with functioning climate control, as reported in the Passenger Environment Survey (PES).

FUND

A fiscal and accounting entity with a self-balancing set of accounts recording cash and other financial resources together with all related liabilities and changes in these assets and liabilities.

FUND BALANCE

Fund equity in government funds – the difference between fund assets and liabilites.

FUNICULAR RAILWAY

A passenger transportation mode consisting of a pair of rail vehicles (or short trains) permanently attached to two ends of the same cable, counterbalancing each other. It may have a single track with a turnout or a double track. This…

FURLOUGH

A lay-off with retention of seniority due to reduction in force.