certificate of convenience and necessity

certificate of convenience and necessity. A certificate issued by an administrative agency granting operating authority to a utility or transportation company. — Also termed certificate of public convenience and necessity. [Cases: Automobiles 77; Carriers 8; Public Utilities 113. C.J.S. Aeronautics and Aerospace § 189; Carriers §§ 356–366, 373–376, 378–381, 383–384; Motor Vehicles §§ 174, 179–183; Public Utilities §§ 4, 69, 71.]

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词条贡献者

双语律师Benita，国际知名法学院金融专业，擅长翻译各类与项目开发及融资相关的法律文件。