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public corporation |
Also found in: Dictionary/thesaurus, Financial, Wikipedia, Hutchinson | 0.03 sec. |
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public corporation n. a corporation created to perform a governmental function or to operate under government control, such as a municipal water company or hospital. (See: corporation) |
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? References in periodicals archive |
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Created in the wake of 9/11, the public corporation has achieved its goal of spurring development, officials say. THE UPPER HOUSE passed bills which will lead by March 2006 to the privatization of the Japan Highway Public Corporation, Metropolitan Expressway Public Corporation, Hanshin Expressway Public Corporation and Honshu-Shikoku Bridge authority. The audit of the Port of Los Angeles reveals a lack of documentation, accountability and transparency in negotiating multi-million dollar leases for public property that would never be tolerated in a properly managed public corporation. |
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public corporation
