Explore topic-wise fullforms in Current Affairs

A power steering is a mechanical device equipped on a motor vehicle that helps drivers steer the vehicle by augmenting steering effort needed to turn the steering wheel, making it easier for the vehicle to turn or maneuver at lower speeds.

Hydraulic or electric actuators add controlled energy to the steering mechanism, so the driver can provide less effort to turn the steered wheels when driving at typical speeds, and reduce considerably the physical effort necessary to turn the wheels when a vehicle is stopped or moving slowly. Power steering can also be engineered to provide some artificial feedback of forces acting on the steered wheels.

Hydraulic power steering systems for cars augment steering effort via an actuator, a hydraulic cylinder that is part of a servo system. These systems have a direct mechanical connection between the steering wheel and the linkage that steers the wheels. This means that power-steering system failure (to augment effort) still permits the vehicle to be steered using manual effort alone.

Electric power steering systems use electric motors to provide the assistance instead of hydraulic systems. As with hydraulic types, power to the actuator (motor, in this case) is controlled by the rest of the power steering system.

Other power steering systems (such as those in the largest off-road construction vehicles) have no direct mechanical connection to the steering linkage; they require electrical power. Systems of this kind, with no mechanical connection, are sometimes called "drive by wire" or "steer by wire", by analogy with aviation's "fly-by-wire". In this context, "wire" refers to electrical cables that carry power and data, not thin wire rope mechanical control cables.

Some construction vehicles have a two-part frame with a rugged hinge in the middle; this hinge allows the front and rear axles to become non-parallel to steer the vehicle. Opposing hydraulic cylinders move the halves of the frame relative to each other to steer.

INFO: Full form for PS is Pure Stock in Business category
PS also has other full forms in other categories mentioned below.

INFO: Full form for ITC is Industrial Tank Corporation in Business category
ITC also has other full forms in other categories mentioned below.

The United States International Trade Commission (USITC or I.T.C.) is an agency of the United States federal government that advises the legislative and executive branches on matters of trade. It is an independent, bipartisan entity that analyzes trade issues such as tariffs and competitiveness and publishes reports. As a quasi-judicial entity, the USITC investigates the impact of imports on U.S. industries, and directs actions against unfair trade practices, such as subsidies, dumping, intellectual property infringements and, copyright infringement.

INFO: Full form for ITC is International Technical Ceramics in Business category
ITC also has other full forms in other categories mentioned below.

INFO: Full form for ITC is Ideal Toy Corporation in Business category
ITC also has other full forms in other categories mentioned below.

INFO: Full form for ITC is Information Technology Center in Business category
ITC also has other full forms in other categories mentioned below.

INFO: Full form for ITC is International Training Centre in Business category
ITC also has other full forms in other categories mentioned below.

ITC Transmission was founded in 1999 as International Transmission Co., a subsidiary of Detroit Edison (since renamed DTE Energy Electric Company, itself a subsidiary of DTE Energy), charged in the ownership, operation and maintenance of Detroit Edison's transmission system. In 2003, DTE sold the subsidiary to ITC Holdings Corp. In 2004, ITC Transmission became the first, fully independent electricity transmission company in the United States following the 2003 transfer of ownership from DTE Energy to ITC Transmission’s parent company, ITC Holdings Corp. ITC Transmission owns a fully regulated, high-voltage system that transmits electricity to local electricity distribution facilities. ITC Holdings Corp. (NYSE: ITC) became a publicly traded company in 2005 and is headquartered in Novi, Michigan. Today it owns transmission systems in several states under a unique independent business model.

On February 9, 2016, it was announced that Fortis Inc., a Canadian utility company based in St. John's, Newfoundland and Labrador, will buy ITC Holdings for about $6.9 billion. The utility operator will also assume $4.4 billion in debt in cash and stock deal. Fortis said it intends to retain all ITC employees and that ITC will continue as a stand-alone operation at its Novi headquarters.

INFO: Full form for ITC is International Travel Connections in Business category
ITC also has other full forms in other categories mentioned below.

INFO: Full form for ITC is Imagination Technology Corporation in Business category
ITC also has other full forms in other categories mentioned below.

INFO: Full form for ITC is Indian Tobacco Corporation in Business category
ITC also has other full forms in other categories mentioned below.

INFO: Full form for ITC is Information Technology Charlotte in Business category
ITC also has other full forms in other categories mentioned below.

INFO: Full form for ITC is Information Technology Council in Business category
ITC also has other full forms in other categories mentioned below.

A tax credit is a tax incentive which allows certain taxpayers to subtract the amount of the credit they have accrued from the total they owe the state. It may also be a credit granted in recognition of taxes already paid or a form of state "discount" applied in certain cases. Another way to think of a tax credit is as a rebate.

INFO: Full form for ITC is Indian Trade Classification in Business category
ITC also has other full forms in other categories mentioned below.

INFO: Full form for ITC is International Technical Certificate in Business category
ITC also has other full forms in other categories mentioned below.