public utility
public utility n: a business organization (as an electric company) performing a public service and subject to special government regulation

Merriam-Webster’s Dictionary of Law. . 1996.

public utility
n.
A company that supplies a service, such as electricity, water, or gas, that is so essential to the public that the government will allow it to use public property and to function as a monopoly in exchange for government regulation of price and the requirement that it serve all customers without discrimination.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.


public utility
Any organization which provides services to the general public, although it may be privately owned. Public utilities include electric, gas, telephone, water, and television cable systems, as well as streetcar and bus lines. Public utilities are allowed certain monopoly rights because of the practical need to service entire geographic areas with one system, but they are regulated by state, county, and city public utility commissions under state laws.
Category: Business, LLCs & Corporations
Category: Real Estate & Rental Property

Nolo’s Plain-English Law Dictionary. . 2009.


public utility
n. A company such as an electric company or gas company, the nature of which is to be a monopoly in a particular region. Because no free-market forces can exist in this situation, governmental regulation of such companies is the norm.

Webster's New World Law Dictionary. . 2000.

public utility
n.
   any organization which provides services to the general public, although it may be privately owned. Public utilities include electric, gas, telephone, water and television cable systems, as well as streetcar and bus lines. They are allowed certain monopoly rights due to the practical need to service entire geographic areas with one system, but they are regulated by state, county and/or city public utility commissions under state laws.
   See also: monopoly

Law dictionary. . 2013.

Look at other dictionaries:

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  • public utility — n. an organization supplying water, electricity, transportation, etc. to the public, operated, usually as a monopoly, by a private corporation under governmental regulation or by the government directly …   English World dictionary

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  • Public utility — Utilities redirects here. For other uses, see Utility (disambiguation). Public infrastructure Assets and facilities Airports  …   Wikipedia

  • public utility — A privately owned and operated business whose services are so essential to the general public as to justify the grant of special franchises for the use of public property or of the right of eminent domain, in consideration of which the owners… …   Black's law dictionary

  • public utility — noun a company that performs a public service; subject to government regulation (Freq. 1) • Syn: ↑utility, ↑public utility company, ↑public service corporation • Hypernyms: ↑service • Hyponyms …   Useful english dictionary

  • public utility — UK / US noun [countable] Word forms public utility : singular public utility plural public utilities a company that provides gas, electricity, or water for people to use …   English dictionary

  • public utility — public utilities N COUNT Public utilities are services provided by the government or state, such as the supply of electricity and gas, or the train network. Officials said water supplies and other public utilities in the capital were badly… …   English dictionary

  • public utility — public u tility n a private company that is allowed by the government to provide important services such as gas, electricity, water etc …   Dictionary of contemporary English

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