public sector net cash requirement

public sector net cash requirement (PSNCR)

in a position to repay (PUBLIC SECTOR DEBT REPAYMENT) depending upon whether it incurs a BUDGET DEFICIT or BUDGET SURPLUS, respectively public utility an enterprise that provides certain essential goods or services like water, electricity and gas. In some countries, such as the USA and the UK, most of these goods and services are provided by privately owned (but publicly regulated) companies. In other countries, for instance France, most of these products are provided by publicly owned corporations (nationalized industries). See RATE-OF-RETURN REGULATION, MARGINAL-COST PRICING, TWO-PART TARIFF, NATIONALIZATION.