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.]

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词条贡献者

译者崇载，国际名校知识产权法专业，擅长翻译各种与知识产权相关的法律文件。