The term SAT FARE is composed of two words: SAT and FARE. SAT stands for the Scholastic Aptitude Test, which is a standardized test used by colleges and universities in the United States to assess the academic readiness of applicants. FARE stands for the Federal Aviation Regulation, which is a set of regulations issued by the Federal Aviation Administration (FAA) that govern the operation of aircraft in the United States. Together, SAT FARE can be interpreted as an acronym for the combination of the Scholastic Aptitude Test and the Federal Aviation Regulation.