public utility
public utility
Definition
public utility
noun
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
public utility
Synonyms
public utility
Law Definition
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.
public utility
Usage Examples
Adjective modifier
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