public company

  

Definition

Business firm in the public (non-private) sector of an economy, controlled and operated by civil servants or government personnel (and not by private individuals). Used also as an alternative term for public limited company.

Use public company in a sentence

  • You may find it is easier for your business to grow if you are set up as a public company instead of a private one.

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  • They were a public company and I went into their main office and asked for some information about who they were.

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  • You may want to be a public company instead of private if you think that will make it easier to achieve bigger profits.

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