public utility


Definition
An organization which provides a basic service to the public, such as water, energy, transportation, or telecommunications. Firms providing these services are sometimes given monopoly status by the government, when doing so is perceived to be in the best interest of the consumers.


Related Terms

government enterprise -

Division of Investment Management -  More

fair rate of return -  More

Related Personal Finance Articles

Loading...

public utility in the news

Loading...
Enter your email address to get our free Term of the Day newsletter!

public utility is ...

... part of the Business subject.

Search volume for public utility

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z