public corporations

State-owned business entities

Public corporations are companies whose shares trade on stock exchanges, available for purchase by the general public.

Unlike private companies, they must disclose financial information and follow securities regulations.

The term also refers to government-owned entities created to serve public purposes: The postal service operates as a public corporation.

Context usually makes clear which meaning applies.

Opposites
ownership structure

public corporationsprivate corporations

Businesses not publicly traded

private companies · family-owned businesses · sole proprietorships · partnerships

profit motive

public corporationsnonprofit organizations

Groups without profit motive

charities · foundations · NGOs · government agencies · social enterprises

sector/control

public corporationsgovernment agencies

State-run administrative bodies

public sector organizations · municipal authorities · federal agencies

Family

public, publicly, publics, publication, publications, publish, publisher, publishers, publishing

Familiarity
Top 100,000
Profile
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