public corporation

  1. a corporation, owned and operated by a government, established for the administration of certain public programs.

  1. a large private corporation with many shares, which are sold to the public or traded on a stock exchange.

Origin of public corporation

First recorded in 1820–30

Words Nearby public corporation Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

How to use public corporation in a sentence

British Dictionary definitions for public corporation

public corporation

  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

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