public service corporation

A corporation whose operations serve a need of the general public, such as public transportation, communications, gas, water, or electricity.

• This type of corporation is usu. subject to extensive governmental regulation. [Cases: Public Utilities 103. C.J.S. Public Utilities §§ 3–4, 6, 11.]

---

词条贡献者

资深译员姚坚，毕业于一所培养高级翻译以及跨文化事务专家的精英大学，专注翻译各种与私募资本有关的法律文件。