A TAXI, also known as a TAXICAB or CAB, is a vehicle that is hailed to transport passengers from one location to another. Taxis are typically operated by a driver who is paid a fare for the service. Taxis are often used in cities and towns where public transportation is not available or is limited. They are also used for short trips, such as to the airport or to a restaurant. Taxis are regulated by local governments and must meet certain safety and licensing requirements.