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2 definitions found

From: Webster's Revised Unabridged Dictionary (1913)

 Public-service corporation or sometimes Quasi-public corporation. A corporation, such as a railroad company, lighting company, water company, etc., organized or chartered to follow a public calling or to render services more or less essential to the general public convenience or safety.

From: WordNet (r) 2.0

 public-service corporation
      n : a company that performs a public service; subject to
          government regulation [syn: utility, public utility]