public company

noun

, British.

a company that has more than 50 shareholders and whose shares are offered for public subscription.

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

public company

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.”

They want the access to capital of a public company, but they want to maintain the control of a private company.

It's difficult to be the director of a public company if you're over 70.

And most crucial looking forward, what is the new succession plan for this public company—and will it be better?

AOL, even after its spinoff from Time Warner in 2009, remains a public company.

We have another name to add that most rarefied group of public-company CEOs in America: the $1 Club.

I had met Mr. De Berenger in public company, but was on no terms of intimacy with him.

Exeter Hall has been erected by subscription, by a public company established for the purpose.

That is a private subject, Major, upon which I should prefer not to discourse before this very public company.

This Pier was opened by a public company, July 13th, 1858, which has since dissolved.

In England a corporation is a public company or limited liability company.

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