Public corporation

Public corporation,

Definition of Public corporation:

  1. A company whose shares are traded freely on a stock exchange.

  2. A company whose shares are publicly traded and are usually held by a large number (hundreds or thousands) of shareholders. The usual British term is public limited company.

  3. A government owned company such as an airline or public transit company. See also corporation sole.

How to use Public corporation in a sentence?

  1. XYZ corporation is currently privately held by the Smith family though they hope to become a Public Corporation by offering the shares of XYZ in an initial public offering next year.
  2. I wanted to buy shares in my uncles company, but unfortunately, his company is not yet a public corporation , so Ill have to wait to buy shares.
  3. At stake is the future of the worlds second most important market trading shares in public companies.
  4. They were a public corporation and that is why they were traded like the way they were and had so many shareholders.

Meaning of Public corporation & Public corporation Definition