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Definition of Public company

Babylon English

company with at least seven stockholders that has the authority to recruit public funds (if funds have already been recruited the company must present a yearly balance to the registrar of companies)
Public company Definition from Encyclopedia Dictionaries & Glossaries
English Wikipedia - The Free Encyclopedia
A public, publicly traded, publicly held company, or public corporation is a corporation whose ownership is dispersed among the general public in many shares of stock which are freely traded on a stock exchange or in over the counter markets. In some jurisdictions, public companies over a certain size must be listed on an exchange.

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