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TeachMeFinance.com - explain fairway fairway The term 'fairway' as it applies to the area of coastlines can be defined as ' the parts of a waterway kept open, and unobstructed, for navigation'. Previous 5 Terms: Fair FAIR Act of 1996 Fair information practices Fair market value (FMV) fair sharing Next 5 Terms: falanouc falciform falconet falconine Fall About the author 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". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.