medallion
12
6.7
- noun
- /məˈdæl.jən/
- US
:
licencia de taxi
- Diallo used to drive a cab himself, first a livery car starting in 1998, then a yellow medallion taxi.
- taxi medallion
- taxicab medallion
- cab medallion
But the problem there was that real economics in the taxi industry wasn't with fair as it was with the scarcity of medallions.
- But the problem there was that real economics in the taxi industry wasn't with fair as it was with the scarcity of medallions.
- So actually who wins the taxi cab medallion owners and who are they?
Examples
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OK, so imagine that initially we had no taxicab medallions in a free taxicab market.
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So actually who wins the taxi cab medallion owners and who are they?
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Cab drivers in SF are blessed by an artificial monopoly; there are far too few cabs (1,494 medallions issued) for a million people.
Blog text (23) -
In New York City, obtaining a taxi medallion is essential for drivers to operate legally.
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The city auctioned several taxi medallions to increase revenue for public services.
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Without a valid medallion, the cab driver cannot pick up passengers at the airport.
Synonyms
42
4.0
A visible thing with a design that represents a group, idea or quality
Compounds
How Decorative
Surface Forms
Etymology
Medallion comes from medal, a word for a metal disc or 'badge', and cities used metal tokens as official marks of permission. So a taxi 'medallion' is a metal badge that shows the cab is officially allowed to work.