Public Utility - Law Dictionary Search Results
Public utility
Matched in: Term Public utility
General public utility
Matched in: Term General public utility
public utility
Matched in: Term public utility
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Object of general public utility
Matched in: Term Object of general public utility
Charitable purpose
purpose, includes relief of the poor, education, medical relief and the advancement of any other object of general public utility, but does not include a purpose which relates exclusively to religious teaching or worship. [Charitable Endow-ments Act, 1890 … 2] Means relief of the poor, education, medical relief and the advancement of any other object of general public utility without the additive words 'not involving the carrying on of any activity for profit', Additional Commissioner of Income
utility
Matched in: Term utility
corporation
state) and endowed with powers of local self-government (as eminent domain) ;broadly : a public corporation (as a utility) created to act as an agency of administration and local self-government NOTE: As a result of its incorporation, … [klōs-] : a corporation whose shares are held by a small number of individuals (as management) and not publicly traded ;specif : small business corporation in this entry called also closely held corporation compare public corporation in
rate base
rate base : the total fair value of public utility property that is used in rendering services and that comprises the investment on which a fair rate of
Charitable uses and trusts
were prohibited by Magna Charta and other whole-some laws as prejudicial to the common utility, and that such public mischief had greatly increased by many large and improvident dispositions, made by languishing or dying persons to charitable
franchise
esp. to be and to exercise the powers of a corporation b : a right granted to a public utility company to provide services and to use public land for that purpose 2 : a constitutional or statutory
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