public corporation

public corporation
1. a corporation, owned and operated by a government, established for the administration of certain public programs.
3. a large private corporation with many shares, which are sold to the public or traded on a stock exchange.
[1820-30]

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Universalium. 2010.

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Look at other dictionaries:

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  • public corporation — A municipal or political corporation. A corporation with political powers. Phillips v Baltimore, 110 Md 431, 72 A 902. A corporation created for public purposes only, connected with the administration of the government, the interests and… …   Ballentine's law dictionary

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