As used in this chapter, the following terms shall have the meanings indicated:
Means and includes the ownership and operation of any automobile or motor car, commonly called "taxi," engaged in the business of carrying passengers for hire and which is held out, announced or advertised to operate or run, or which is operated or run, over any of the streets or public highways in the Borough and particularly accepts and discharges such persons as may offer themselves for transportation from points or places to points or places within or without the Borough.