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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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.

Dictionary of Financial Terms. Copyright © 2008 Lightbulb Press, Inc. All Rights Reserved.
References in periodicals archive ?
The share of the public business sector in the total non-governmental deposits in foreign currencies amounted to about EGP 39.8bn, the private business sector to about EGP 189.8bn, and the household sector about EGP 488.1bn.
The media aide advised Nigerians to report any government official or appointees using the President's name or that of his aides and appointees to extort the public, adding that the current zero tolerance for corruption by the Buhari administration won't condone this repugnant culture in government or public business.
An economist, university professor, first director of a flagship public business school, and former member of parliament, my father embarked on this adventure at the age of 46, with just a few pennies in his pocket.
Paul College of Business and Economics, which is ranked among the nation's top 100 best undergraduate business schools and 38th for public business schools in the U.S.
This work for students and scholars focuses exclusively on public business journalism, offering a critical political economic analysis of the crisis facing business journalism in a global context.
For public business entities, the proposed changes would take effect for annual periods, including interim periods within those annual periods, beginning after Dec.
24 (The Register-Guard) was titled "Public business must cater to all." 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.

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