Home > Terms > Macedonian (MK) > јавно претпријатие
јавно претпријатие
A firm providing essential services to the public, such as water, electricity and postal services, usually involving elements of natural monopoly. Food is essential, but because it is provided in a competitive market, food supply is not usually regarded as a public utility. Because public utilities have some monopoly power, they are typically subject to some regulation by government, such as price controls and perhaps an obligation to provide their services to everybody, even to those who cannot afford to pay a market price (the universal service obligation). Public utilities are often owned by the state, although this has become less common as a result of privatization.
- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Economy
- Category: Economics
- Company: The Economist
- Product:
- Acronym-Abbreviation:
Other Languages:
Member comments
Terms in the News
Featured Terms
букет garni
билка мешавина Опис: Мали пакет на тревки (магдонос, мајчина душица и Bay остава направи класична комбинација) врзани заедно или завиткан во ...
Contributor
Featured blossaries
Browers Terms By Category
- Pesticides(2181)
- Organic fertilizers(10)
- Potassium fertilizers(8)
- Herbicides(5)
- Fungicides(1)
- Insecticides(1)
Agricultural chemicals(2207) Terms
- Zoological terms(611)
- Animal verbs(25)
Zoology(636) Terms
- General art history(577)
- Visual arts(575)
- Renaissance(22)
Art history(1174) Terms
- Natural gas(4949)
- Coal(2541)
- Petrol(2335)
- Energy efficiency(1411)
- Nuclear energy(565)
- Energy trade(526)
Energy(14403) Terms
- Wireless networking(199)
- Modems(93)
- Firewall & VPN(91)
- Networking storage(39)
- Routers(3)
- Network switches(2)