- public utility
- An organization that provides resources or services considered essential for the public good. Typical examples of public utilities include (i) electricity, gas, and water supplies, (ii) refuse collection, (iii) postal services, and (iv) certain forms of transport. Public utilities often enjoy government-sanctioned * monopoly rights.
Auditor's dictionary. 2014.
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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. Merriam Webster. 1996. public utility … Law dictionary
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