Definition of Investor owned utility (IOU)

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TeachMeFinance.com - explain Investor owned utility (IOU)



Investor owned utility (IOU)

The term 'Investor owned utility (IOU)' as it applies to the area of reclamation can be defined as ' A company, owned by stockholders for profit, that provides utility services. A designation used to differentiate a utility owned and operated for the benefit of shareholders from municipally owned and operated utilities and rural electric cooperatives'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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