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Definition of Public company

Babylon English Dictionary

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, can be either unlisted or listed on a stock exchange depending on their size and local legislation.

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