As used in this article, the following words and terms shall have the following meanings, unless the context shall indicate another or different meaning or intent:
(a) The word "authority" means the West Virginia public port authority as created and continued by section one of this article.
(b) The words "operation fund" mean the special West Virginia public port authority operation fund as created by section seven of this article.
(c) The words "port" or "public port" mean ports, airports, wayports, terminals, buildings, roadways, rights-of-way, rails, rail lines, facilities for rail, water, highway or air transportation, and such structures, equipment, facilities or improvements as are necessary or incident thereto.
(d) The word "wayport" means an airport used primarily as a location at which passengers and cargo may be transferred between connecting flights of air carriers engaged in air commerce; but also allows passengers to initiate and terminate flights, and shipments of cargo to originate and terminate at said airport or similar type facility.
(e) The words "public port development" or "public port project" mean any activities which are undertaken with respect to public ports.