What does Publicly Held Corporation mean? Read on to discover the definition & meaning of the term Publicly Held Corporation - to help you better understand the language used in insurance policies.
Publicly Held Corporation
A corporation whose shares of stock are held by and are available for purchase by members of the public. The shares of public corporations can be bought or sold on one of the major stock exchanges, such as the New York Stock Exchange (NYSE) or the National Association of Securities Dealers Automated Quotations (NASDAQ).
We hope the you have a better understanding of the meaning of Publicly Held Corporation.