A public company, publicly traded company, publicly held company or public limited company (in the United Kingdom) is a limited liability company that offers its securities (stock/shares, bonds/loans, etc.) for sale to the general public, typically through a stock exchange, or through market makers operating in over the counter markets. Public companies, including public limited companies, can be either unlisted or listed on a stock exchange depending on their size and local legislation.
Public companies are not to be confused with Government-owned corporations – also known as publicly owned companies – which are also sometimes called public companies.
Read more about Public Company: Securities of A Public Company, General Trend, Privatization, Trading and Valuation
Famous quotes containing the words public and/or company:
“Public speaking is done in the public tongue, the national or tribal language; and the language of our tribe is the men’s language. Of course women learn it. We’re not dumb. If you can tell Margaret Thatcher from Ronald Reagan, or Indira Gandhi from General Somoza, by anything they say, tell me how. This is a man’s world, so it talks a man’s language.”
—Ursula K. Le Guin (b. 1929)
“I hate the prostitution of the name of friendship to signify modish and worldly alliances. I much prefer the company of ploughboys and tin-peddlers, to the silken and perfumed amity which celebrates its days of encounter by a frivolous display, by rides in a curricle, and dinners at the best taverns.”
—Ralph Waldo Emerson (1803–1882)