A company that has held an initial public offering and whose shares are traded on a stock exchange or in the over-the-counter market. Public companies are subject to periodic filing and other obligations under the federal securities laws. Bloomberg Financial Dictionary
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public company UK US noun [C] UK (US public corporation) FINANCE
► a company whose shares are traded on a stock exchange: »
All public companies should report on their shareholder returns.
Financial and business terms. 2012.