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municipal ownership

   Also found in: Legal, Financial, Wikipedia 0.03 sec.
municipal ownership: see public ownership public ownership, government ownership of lands, streets, public buildings, utilities, and other business enterprises. The theory that all land and its resources belong ultimately to the people and therefore to the government is very ancient.
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It granted licenses to five cities that demanded municipal ownership.
The History of the Telephone by Casson, Herbert N. View in context
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