confiscatory rate

A utility rate set so low by the government that the utility company cannot realize a reasonable return on its investment. [Cases: Public Utilities 129. C.J.S. Public Utilities §§ 35, 38–41, 57.]
专业法律词汇 词条贡献者
译者Frank,毕业于英国一流的高级翻译学院,擅长翻译涉及交通物流领域的法律文件。
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