public company

(redirected from Publicly-traded stock)
Also found in: Dictionary, Financial.
See: utility

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 ?
By transferring ownership of the technology, we have secured a significant up front payment of cash and publicly-traded stock, as well as a continuing royalty interest in product sales.
Our shareholders will receive a strong publicly-traded stock in exchange for their Wayne Bancorp shares, without sacrificing our local identity and our ability to provide Wayne County-based services to Wayne County customers.
Defendants' scheme thus attacked the very basis for the financial markets -- the free and fair disclosure and dissemination of information concerning publicly-traded stocks.