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- Dictionarypublic company
noun
- 1. a company whose shares are traded freely on a stock exchange.
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noun
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A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be li... Wikipedia