The-definition.com

Definition

Publicly held corporation

Publicly held corporation is a corporation that may have thousands of stockholders and whose stock is regularly traded on a national securities exchange such as the New York Stock Exchange. Most of the largest U.S. corporations are publicly held. Examples of publicly held corporations are Intel, IBM, Caterpillar Inc., and General Electric.

Share it:  Cite

More from this Section

  • Job Order Cost System
    Under a job order cost system, the company assigns costs to each job or to each batch ...
  • Acid-test (quick) ratio
    Acid-test (quick) ratio is a measure of a company’s immediate short-term liquidity; ...
  • Salvage value
    Salvage value is an estimate of the asset’s value ate the end of its useful life. This ...
  • Cost Drivers
    A cost driver refers to any factor or activity that has a direct cause-effect relationship ...
  • Operating leases
    The renting of an apartment and the rental of a car at an airport are examples of operating ...