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public utility

noun
1.
a business enterprise, as a public-service corporation, performing an essential public service and regulated by the federal, state, or local government.
Compare utility (def 3).
2.
Usually, public utilities. stocks or bonds of public-utility companies, excluding railroads.
Origin
1900-1905
1900-05
Related forms
public-utility, adjective
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for public utility
  • But the electricity does not come from public utility lines.
  • Imagine yourself, for example, in the plight of a well-intentioned manager of a public utility.
  • Another difficulty was to overcome the prejudice against running a public utility as a business.
  • Electric power prices would still come under the eyes of public utility commissions.
British Dictionary definitions for public utility

public utility

noun
1.
an enterprise concerned with the provision to the public of essentials, such as electricity or water Also called (US) public-service corporation
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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public utility in Culture

public utility definition


A private company supplying water, gas, electricity, telephone service, or the like, which is granted a monopoly by the government and then regulated by the government.

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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