municipal ownership

Also found in: Dictionary, Financial.

municipal ownership:

see public ownershippublic 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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References in periodicals archive ?
First and foremost, Stolze called for municipal ownership of the waterworks and electric plant.
Municipal ownership like Sacramento's is now being urgently considered by San Francisco and other beleaguered California cities.
The extent of municipal ownership of urban services in Port Arthur was unequalled anywhere in North America prior to World War 1.

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