public company

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public company

a registered company that can offer its shares to the public. Its memorandum of association must state that it is a public company, that its authorized capital is at least the authorized minimum (£50,000) and that its name ends with plc (or public limited company).
References in periodicals archive ?
(1.) For example, in the case of collaterals which require a publicly held company to file a disclosure when they amount to a certain percent of its shareholders' equity, four triggering ratios apply depending on its size and whether it is a Stock Market-listed or KOSDAQ-listed company.
The founding owners of a successful multi-location seafood restaurant chain turned their years of hard work into a nice nest egg by selling to a publicly held company. A win-win for both parties?
The graduates of JCT have opened dozens of incubator companies in Jerusalem (the most famous of which became Visionics, the publicly held company specializing in the face-recognition system widely used in airports and malls); its student body consists of 25% immigrants.
Bayer AG in Germany plans to spin off a large part of its chemicals and plastics businesses into a new publicly held company to be called Lanxess.
If Reed were to conclude that the exchange should change its structure, and issue shares to its members to effectively become a publicly held company, then a new set of rules would, in fact, have to apply.
DMI Furniture is a publicly held company with three divisions, including Wynwood, which specializes primarily in residential case-goods products.
The conflict would be eliminated if the SEC instituted a lottery to pick auditors and, after the first one was held, rotated 20% of audits each year, getting every publicly held company on a five-year rotation, or rotated one-third of audits each year, putting companies on a three-year-rotation schedule.
Among other provisions, the Act lists eight types of services that are "unlawful" if provided to a publicly held company by its auditor:
Federal Securities and Exchange Commission rule that became effective in October 2000, Regulation "FD" (fair disclosure), which recognizes today's technology advances and says that any publicly held company disclosing public information cannot do it selectively.
If you are a CPA who works for a publicly held company, reflect on the CPA peers you know from an industry association or a CalCPA chapter or committee, and recommend one as a candidate for membership on your company's board of directors or audit committee.
Decherd led the transformation of Belo into a publicly held company in the 1980s.
A publicly held company, Fortress is a "consolidator of single-family home building companies," says Martell.