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public company

noun, British
a company that has more than 50 shareholders and whose shares are offered for public subscription.
Compare private company. Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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Examples from the web for public company
  • Private equity is by no means unique in this respect: it happens at pretty much every public company, too.
  • Yet the idea of turning over private files to a public company is worrisome to privacy advocates.
  • It is a family-run public company, controlled by means of super-voting shares.
  • The money that the public company had left is then plowed into developing the formerly private company's products.
  • But this is a public company and it has to be run as a public company.
  • Her return coincides with the end of her five-year ban from serving on the board or as an executive of a public company.
British Dictionary definitions for public company

public company

a limited company whose shares may be purchased by the public and traded freely on the open market and whose share capital is not less than a statutory minimum; public limited company Compare private company
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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public company in Culture

public company definition

A company that sells shares in itself to the public to raise capital. When a previously privately owned company offers shares, it is said to “go public.”

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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