(also public corporation)
A company whose shares are traded freely on a stock exchange.
- At stake is the future of the world's second most important market trading shares in public companies.
- The arrangement for security depends on whether the borrower is a public corporation, a private company, an unincorporated trader, or a person borrowing for private purposes.
- Most public companies have a holding company and subsidiaries.
For editors and proofreaders
Syllabification: pub·lic com·pa·ny
Definition of public company in:
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.