tennessee valley authority

Tennessee Valley Authority. A government-owned corporation, created in 1933, that conducts a unified program of resource development to advance economic growth in the Tennessee Valley region. • The Authority’s activities include flood control, navigation development, electric-power production, fertilizer development, recreation improvement, and forestry-and-wildlife development. Though its power program is financially self-supporting, the Authority’s other programs are financed primarily by congressional appropriations. — Abbr. TVA. [Cases: United States 53(6.1). C.J.S. United States §§ 83–89, 94–95.]
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