public utility

noun

: a business organization (such as an electric company) performing a public service and subject to special governmental regulation

Examples of public utility in a Sentence

Recent Examples on the Web
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In addition, the recent DARPA AI Cyber Challenge showed that developers could create new generative AI systems to safeguard critical software that undergirds everything from financial systems and hospitals to public utilities. Sharon Goldman, Fortune, 23 Oct. 2024 This business model differs significantly from regulated utilities, where allowable returns on equity are set by public utility commissions. Dan Irvine, Forbes, 3 Oct. 2024 While commercial interests saw radio as a means to generate profit, a growing chorus of advocates viewed radio as a public utility that should be made to serve the public interest. CBS News, 1 Oct. 2024 The federal government is the largest landholder in the country, and state and local governments, as well as entities like transit agencies, school districts and public utilities. Swapna Venugopal Ramaswamy, USA TODAY, 16 July 2024 See all Example Sentences for public utility 

Word History

First Known Use

1895, in the meaning defined above

Time Traveler
The first known use of public utility was in 1895

Dictionary Entries Near public utility

Cite this Entry

“Public utility.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/public%20utility. Accessed 5 Nov. 2024.

Kids Definition

public utility

noun
: a business organization performing a public service and subject to special governmental regulation

Legal Definition

public utility

noun
: a business organization (as an electric company) performing a public service and subject to special government regulation

More from Merriam-Webster on public utility

Last Updated: - Updated example sentences
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