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What does public-service corporation mean?

Definitions for public-service corporation
pub·lic-ser·vice cor·po·ra·tion

This dictionary definitions page includes all the possible meanings, example usage and translations of the word public-service corporation.

Princeton's WordNet

  1. utility, public utility, public utility company, public-service corporationnoun

    a company that performs a public service; subject to government regulation

Wikipedia

  1. public-service corporation

    A public utility company (usually just utility) is an organization that maintains the infrastructure for a public service (often also providing a service using that infrastructure). Public utilities are subject to forms of public control and regulation ranging from local community-based groups to statewide government monopolies. Public utilities are meant to supply goods/services that are considered essential; water, gas, electricity, telephone, and other communication systems represent much of the public utility market. The transmission lines used in the transportation of electricity, or natural gas pipelines, have natural monopoly characteristics. If the infrastructure already exists in a given area, minimal benefit is gained through competing. In other words, these industries are characterized by economies of scale in production.There are many different types of public utilities. Some, especially large companies, offer multiple products, such as electricity and natural gas. Other companies specialize in one specific product, such as water. Modern public utilities may also be partially (or completely) sourced from clean and renewable energy in order to produce sustainable electricity. Of these, wind turbines and solar panels are those used most frequently.

ChatGPT

  1. public-service corporation

    A public-service corporation is a government-owned or government-regulated entity that provides essential public services such as power, water, transportation, communication, or health care services to citizens. This entity operates in the interest of the general public and is held accountable by various governmental bodies. They are often granted special monopolistic rights by the government in exchange for being regulated, to ensure reliable and affordable services.

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Numerology

  1. Chaldean Numerology

    The numerical value of public-service corporation in Chaldean Numerology is: 5

  2. Pythagorean Numerology

    The numerical value of public-service corporation in Pythagorean Numerology is: 9

References

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"public-service corporation." Definitions.net. STANDS4 LLC, 2024. Web. 19 Apr. 2024. <https://www.definitions.net/definition/public-service+corporation>.

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