public company

Stock exchange listed

A public company is a business whose shares are traded on a stock exchange, available for anyone to buy.

This contrasts with a private company, where ownership is restricted.

Going public typically involves an initial public offering (IPO) and subjects the company to regulatory disclosure requirements: Apple became a public company in 1980.

Also called a publicly traded company.

stock

shares

Units of company ownership

dividends · blue-chip · volatility · stock split · buyback · outstanding shares · float · dilution · earnings per share · price-to-earnings

corporate

corporation

Legally separate business entity

CFO · corporate governance · bylaws · annual report · proxy vote · fiduciary duty · stakeholder · compliance · audit · multinational

investment

institutional investor

Entity investing pooled capital

broker · fund manager · hedge fund · mutual fund · ETF · shareholder activism · proxy fight · hostile takeover · tender offer · activist investor

exchange

NYSE

Largest equities market

listing · IPO · trading · delisting · opening bell · closing bell · S&P 500 · FTSE · Nikkei

disclosure

SEC filing

Required corporate regulatory submission

  • 10-KMandatory yearly SEC filing
  • prospectusFormal investment disclosure document
  • earnings callCorporate financial performance announcement

guidance · insider trading · transparency · financial statements · quarterly report · annual meeting · investor relations · press release · audit committee · whistleblower

Categories
Opposites
ownership structure

public companyprivate company

Business without public shareholders

privately held company · private corporation · sole proprietorship · privately held · partnership

organizational purpose

public companynonprofit organization

Mission-focused entity, not profit-seeking

government agency · charity · NGO · cooperative · credit union

Family

public, company, companion, publish, accompany, publication, publicity, publishing, publicize

Familiarity
Top 200,000
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