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I wonder what the distinction is between a “public company” and a “public corporation”?

I understand public corporation in UK equals State corporation in US, meaning an enterprise run by the government. Also, I think “public company” in UK equals “corporation” in US, but I’m not absolutely certain.

Asked by: 246 days ago - 1 Answers - 1083 views

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    Public corporation is not a common term, but it does refer to a government controlled corporation.

    On the other hand, public company is commonly used to refer to a company that offers its securities (stock/shares, bonds/loans, etc.) for sale to the general public (aka “publicly traded company”).

    Answer by pinyo 244 days ago


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