Definition of Wheeling

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TeachMeFinance.com - explain Wheeling



Wheeling

The term 'Wheeling' as it applies to the area of reclamation can be defined as ' The transmission of electricity by an entity that does not own or directly use the power it is transmitting. Wholesale wheeling is used to indicate bulk transactions in the wholesale market, whereas retail wheeling allows power producers direct access to retail customers. This term is often used colloquially as meaning transmission'.

Previous 5 Terms:
WFPO
WGA
Whaler
wheaten
wheel and axle
Next 5 Terms:
Wheeling charge
Wheeling service
whey
whiffet
WHIP




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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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