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Definition of Public company

Babylon English

company with at least seven stockholders that has the authority to recruit public funds (if funds have already been recruited the company must present a yearly balance to the registrar of companies)
Public company Definition from Encyclopedia Dictionaries & Glossaries
Wikipedia English - The Free Encyclopedia
This is not the same as a publicly owned enterprise or a government-owned corporation.
A public company, publicly traded company, publicly held company, or public limited company (in the United Kingdom) is a limited liability company that offers its securities (stock/shares, bonds/loans, etc.) for sale to the general public, typically through a stock exchange, or through market makers operating in over the counter markets. Public companies, including public limited companies, must be listed on a stock exchange depending on their size and local legislation.

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