public utility
"Public utilities" are essential services provided to the community, often regulated by the government to ensure accessibility and fairness.
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Definition
B2Business and Infrastructure
(formal, technical)An organization that supplies essential services like water, electricity, gas, or waste management to the public.
Example
- The public utility company is responsible for maintaining the city's water supply.
- Many public utilities are subject to government regulation to ensure fair pricing.
B2Regulation and Governance
(formal)A service provided to the public, often regulated by the government, to ensure essential needs are met.
Example
- Public utilities are crucial for maintaining the infrastructure of modern society.
- Governments often regulate public utilities to prevent monopolistic practices.
Similar
Terms that have similar or relatively close meanings to "public utility":
public serviceutility playerpublic goodshared servicecommon carrierpublic access