🌐 Entity
Toll road
Roadway for which a fee (or toll) is assessed for passage
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Ferrovial (1) · 407 ETR (1) · Stock Price (1) · Toll Road (1) · Earnings (1) · Underperformance (1) · Market Expectations (1) · Canadian Infrastructure (1)
📖 Key Information
A toll road, also known as a tollway, or (mainly in the US) a turnpike or pike is a public or private road for which a fee (or toll) is assessed for passage. It is a form of road pricing typically implemented to help recoup the costs of road construction and maintenance.
Toll roads have existed in some form since antiquity, with tolls levied on passing travelers on foot, wagon, or horseback; a practice that continued with the automobile, and many modern tollways charge fees for motor vehicles exclusively.
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