Public company

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Public Company

A company that has held an initial public offering and whose shares are traded on a stock exchange or in the over-the-counter market. Public companies are subject to periodic filing and other obligations under the federal securities laws.

Public Limited Company

A primarily British term for a publicly-traded company. The term derives from the facts that the company issues shares that may be bought and sold by the general public and all shareholders have limited liability.

Publicly-Traded Company

A company issuing stocks, which are traded on the open market, either on a stock exchange or on the over-the-counter market. Individual and institutional shareholders constitute the owners of a publicly-traded company, in proportion to the amount of stock they own as a percentage of all outstanding stock. Thus, shareholders have final say in all decisions taken by a publicly-traded company and its managers, especially through its annual shareholders' meeting. Publicly-traded companies have greater access to financing than other companies, as they have the ability to issue more stock. However, they are subject to greater regulation: for example, they must file 10-K reports with the SEC on their earnings and they are more likely to be subject to corporate taxes. A publicly-traded company is also called a public company.

Public company.

The stock of a public company is owned and traded by individual and institutional investors.

In contrast, in a privately held company, the stock is held by company founders, management, employees, and sometimes venture capitalists.

Many privately held companies eventually go public to help raise capital to finance growth. Conversely, public companies can be taken private for a variety of reasons.

References in periodicals archive ?
Provision of surveillance, security and support to the port police in the 17 ports of group i, and 4 ports of group iii, assigned to the public business entity puertos canarios.
Early adoption would be permitted, but not before the effective date for public business entities.
The Definition of a Public Business Entity will be used by the FASB, the PCC, and the Emerging Issues Task Force to determine the scope of new accounting and reporting guidance and to identify the types of companies that are excluded from the scope of the Guide.
A public business is one that is owned by the public.
9) To meet or confer with a mediator with respect to any litigation or decision on any public business within its jurisdiction involving another party, group or body.
Question hour and other public business will remain suspended.
The project's partners include affiliates of ExxonMobil, Oil Search Limited, Independent Public Business Corporation, and Santos Limited.
BASED in Birmingham's Central Library, the city council's Business Insight is the UK's most comprehensive public business information service for starting, growing and developing your business, learning new skills and safeguarding intellectual property.
In response to the problems experienced by its members in bidding for a share of the annual pounds 175bn worth of public business, the FPB is urging the Government to fast-track measures outlined in the review, most of which are not scheduled for implementation until 2010.
Requires employees to keep messages sent or received in the course of public business for 24 hours, which ensures they will be recorded by the state's backup system, where they will be kept for 10 years
1 : control and direction of public business (as of a city or a nation) <The mayor makes decisions regarding the government of city departments.
The plan is part of a Welsh language scheme adopted by the council which aims to make sure that "in the conduct of public business and the administration of justice, it will treat the English and Welsh languages on the basis of equality".

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