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Definition of public company noun from the Oxford Advanced Learner's Dictionary

public company

noun
 
/ˌpʌblɪk ˈkʌmpəni/
 
/ˌpʌblɪk ˈkʌmpəni/
(also public limited company)
(both British English)
(North American English public corporation)
(abbreviation plc, PLC)
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  1. a company that sells shares in itself to the public
See public company in the Oxford Learner's Dictionary of Academic English
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