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• A company that is owned by stockholders who are members of the general public and traded publicly. Ownership is open to anyone that has the money and inclination to buy shares in the company. It is differentiated from privately held companies where the shares are held by a small group of individuals often members of one or a small group of families or otherwise related individuals (or other companies).

• A company that is owned by a government body. This meaning of the words comes from the fact that government debt is sometimes referred to as " public debt", and government finance, is sometimes called " public finance". When a company is government owned this usually means that the company is guided by the state and that making profit is not its primary goal. Privatization is a trend related to " globalization" with the result that more and more government companies are being privatized. Many public companies are also monopolies. See government-owned corporation.

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