Local Data Center
Local Distribution Company. Company that distributes natural gas primarily to end-users. A gas utility.
Local Distribution Company. The entity responsible for receiving natural gas or power from the wholesale transmission system and distributing it to end use customers. LDCs are state-jurisdictional entities whereas most transmission providers are federal jurisdictional. In addition to local delivery of energy, the LDC is typically also responsible for providing metering and billing services. In the electric power industry, LDCs are often called "Distribution Companies" or "DISCOs" for short.(To top of page)
Local Distribution Company. See DISTRIBUTION COMPANY, GAS.
Least Developed Countries. The 49 countries - of which the population does not exceed 75 million inhabitants - below fixed criteria on income (less than 900 US $ per capita), economical diversification and social development. The number of LDCs has almost doubled since the category was created by the United Nations in 1971.
Least (or Lesser) Developed Country
Less developed countries, often used with respect to secondary debt market.
See less developed country.