Public company

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Related to Publicly owned company: Publicly traded companies

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 ?
ZAP is a publicly owned company, stock symbol ZAPP.
The Reston, Va., firm was formed to create a publicly owned company of mid-sized home builders.
Environmental Liability Risk Transfer (ELRT) is the ability of a company (particularly a publicly owned company - filing reports with the SEC) to transfer its risk for environmental liability to a third party in such a manner as to eliminate the reserve for contingency which is carried on its balance sheet.
is a publicly owned company with total assets of USD 37.2 billion and is traded on the Nasdaq Global Select Market under the symbol "EWBC".
Toll Brothers is currently building in 19 states nationwide and is a publicly owned company whose stock is listed on the New York Stock Exchange (NYSE: TOL).
The publicly owned company, which manages Britain's rail tracks and many key stations, announced that it is assessing interest from international investors over the possible move.
Donelan served as an independent director of TA and as chair of the TA nominating and governance committee of the TA Board, since TA became a publicly owned company in January 2007.
PARTIES' POLICIES ON HOUSING Liberal Democrats * Commitment to retaining ownership of council housing * Examine suspending right to buy Plaid Cymr* Expand mortgage scheme for first-time buyers * Create publicly owned company to develop brownfield sites and renovate properties Labou* Build more properties, working with housing associations and private landlords * Prioritise the delivery of the LDP Conservatives * Support the right to buy of council tenants, with sales revenue reinvested in new social housing * Make land available and encourage building of low-cost rental accommodation Independents * Reduce "garden grabbing" and piecemeal development * Look at involving private sector, such as registered social landlords, in social housing allocation
Current operator National Express will formally hand over the East Coast franchise tomorrow night, with 2,800 staff also moving to a new publicly owned company.
Ryanair's head of legal affairs Jim Callaghan said: "It is unlawful for any publicly owned company to engage in selective disclosure of market-sensitive information to one shareholder.
The publicly owned company's accounts, published yesterday, showed chief executive Jon Hargreaves earned pounds 203,000 - including a pounds 45,000 bonus.

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