You can mark you interesting snippets of text that will be available through a unique link in your browser.


public utility

Translation
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.

  
Share  

Look at other dictionaries:

  • public utility — public utility, adj. 1. a business enterprise, as a public service corporation, performing an essential public service and regulated by the federal, state, or local government. Cf. utility (def. 3). 2. Usually, public utilities. stocks or bonds… …   Universalium

  • public utility — 1) эк. предприятие коммунального хозяйства [коммунального обслуживания], коммунальное предприятие (государственное предприятие, оказывающее такие услуги, как обеспечение водой, электроэнергией, средствами телекоммуникации, общественным… …   Англо-русский экономический словарь

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

  • public utility — noun Date: 1903 a business organization (as an electric company) performing a public service and subject to special governmental regulation …   New Collegiate Dictionary

  • public utility — коммунальное предприятие (мн.ч.)предприятия общественного пользования коммунальные услуги (мн.ч.) …   Большой англо-русский и русско-английский словарь

  • public-utility — прил. эк., юр. = public service …   Англо-русский экономический словарь

  • public utility — 1) Общая лексика: коммунальное предприятие, предприятие коммунального комплекса (AD) 2) Техника: коммунальное сооружение 3) Юридический термин: общественная полезность, предприятие коммунального хозяйства 4) Социология: инженерное оборудование… …   Универсальный англо-русский словарь

  • electric public utility — коммунальная энергосистема …   Большой англо-русский и русско-английский словарь

  • of public utility — общественно полезный …   Большой англо-русский и русско-английский словарь

  • electric public utility — коммунальная энергосистема …   Англо-русский словарь технических терминов