Definition of public company in English:

public company

(also public corporation)

noun

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

    • ‘Most public companies have a holding company and subsidiaries.’
    • ‘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.’
    • ‘At stake is the future of the world's second most important market trading shares in public companies.’
    • ‘This is the annual growth of earnings per share of present public companies plus the dividend yield.’
    • ‘The government's main sources of revenue are taxes (direct and indirect), national insurance charges, and trading surpluses of the public corporations.’

Pronunciation:

public company

/ˈpəblik ˈkəmp(ə)nē/