long-and-short-haul clause

noun

: a clause in U.S. laws regulating railroad rates providing that the total rate for a distance less than and included in a longer distance shall not be higher than that for the longer distance except when specially authorized by public regulatory authorities

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Dictionary Entries Near long-and-short-haul clause

Cite this Entry

“Long-and-short-haul clause.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/long-and-short-haul%20clause. Accessed 3 Dec. 2024.

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