public corporation

noun

1. a corporation, owned and operated by a government, established for the administration of certain public programs.
2. municipal corporation.
3. a large private corporation with many shares, which are sold to the public or traded on a stock exchange.

public corporation

noun

1. (in Britain) an organization established to run a nationalized industry or state-owned enterprise. The chairman and board members are appointed by a government minister, and the government has overall control

Word History and Origins

Origin of public corporation¹

First recorded in 1820–30

Example Sentences

Enjoy the memories of your time as CEO of a major public corporation, whatever they may be after a mere four months.

From The Daily Beast

As it is a quasi public corporation, it must extend its services to all that apply therefor and offer to pay the charges.

From Project Gutenberg

After some general remarks, they assume that this college is a public corporation; and on this basis their judgment rests.

From Project Gutenberg

Does the fact that the purpose of the College is the education of youth make it a public corporation?

From Project Gutenberg

Yet the railroad, under the decisions of the courts, is a public corporation, while the mill is a private one.

From Project Gutenberg

No relief has been rendered to any of the sufferers from Insurance Companies, or from any public corporation.

From Project Gutenberg