public-service corporation

[ puhb-lik-sur-vis ]
/ ˈpʌb lɪkˈsɜr vɪs /

noun

a private or quasi-private corporation chartered to provide an essential commodity or service to the public.

Origin of public-service corporation

First recorded in 1900–05

British Dictionary definitions for public-service corporation

public-service corporation

noun

US a private corporation that provides services to the community, such as telephone service, public transport