Universal Service Fund
/ˌjuːnɪˈvɜːrsəl ˈsɜːrvɪs fʌnd/
Definitions
- (n.) A regulated fund, typically financed by telecommunications providers' contributions, designed to promote widespread access to telecommunications and information services in underserved or rural areas.
The Universal Service Fund helps subsidize internet access in rural communities.
Forms
- universal service fund
Related terms
See also
Commentary
The Universal Service Fund often arises in regulatory and telecommunications law, with contributions legally mandated and overseen by federal agencies; drafting should specify eligible services and contributors clearly.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.