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 ?
Being "publicly-held" means sharing the economic potential of your company with the general public.
"New regulations and public scrutiny over corporate integrity have ratcheted up the drive by publicly-held lenders to be as fully disclosed as possible," said Charles Perry, president of Environmental Warranty, Inc., one of the nation's largest environmental insurance brokerage firms.
Subject to negotiation and execution of a definitive agreement, Cheniere is proposing consideration of 0.4500 Cheniere shares for each outstanding publicly-held share of Cheniere Partners Holdings as part of a transaction that would be structured as a merger of Cheniere Partners Holdings with a wholly-owned subsidiary of Cheniere.
subsidiary of Nissho Iwai Corporation, a publicly-held integrated global trading company.
Oil and gas exploration and production company Pioneer Natural Resources Company (NYSE:PXD) reported on Tuesday that it has submitted a proposal to buy all of Pioneer Southwest Energy Partners LP's (NYSE:PSE) outstanding publicly-held units via a stock-for-unit exchange.
subsidiary of Nissho Iwai Corporation, a publicly-held integrated global trading company ranked as one of the world's largest companies.
The board of directors of the general partner of Duncan Energy Partners LP (NYSE:DEP), an energy service company, said on Wednesday that the chairman of the Audit, Conflicts and Governance Committee has received a proposal for the acquisition of all of the outstanding publicly-held common units of the company through a unit-for-unit exchange.
With Newmark and Company, New York's largest publicly-held commercial real estate firm, KickStart will provide tenants with access to a wide range of real estate solutions once they outgrow the KickStart facility.
With Centex Corporation, one of the largest single-family home-builders in the U.S., and Morrison Homes, a subsidiary of George Wimpley PLC, a British-based, publicly-held company that is another of the country's largest home builders.
It is the only publicly-held equity REIT that specializes exclusively in Class B properties.
In 1995, Singer was joined at the firm by Richard Bassuk, formerly president of Starrett Housing Corporation, a publicly-held real estate company.
The rest of the policies typically have been written for individual properties or portfolios in which a lender or publicly-held owner/manager seeks to transfer environmental risk to a third party.